Initial Statement of Beneficial Ownership (3)
May 29 2018 - 6:21PM
Edgar (US Regulatory)
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0104
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Olayan Saudi Holding Co
|
2. Date of Event Requiring Statement (MM/DD/YYYY)
5/18/2018
|
3. Issuer Name
and
Ticker or Trading Symbol
National Energy Services Reunited Corp. [NESR]
|
(Last)
(First)
(Middle)
P.O. BOX 8772, OLAYAN CENTER,, AHSAA STREET
|
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director
___
X
___ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
|
(Street)
RIYADH, T0 11492
(City)
(State)
(Zip)
|
5. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
_
X
_ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Beneficially Owned
|
1.Title of Security
(Instr. 4)
|
2. Amount of Securities Beneficially Owned
(Instr. 4)
|
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
|
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
|
Ordinary Shares, no par value
|
3000000
|
I
|
See Footnote
(1)
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 4)
|
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
|
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
|
4. Conversion or Exercise Price of Derivative Security
|
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
|
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Warrants
|
(2)
|
(2)
|
Ordinary Shares
|
1500000
|
$11.50
|
I
|
See Footnote
(1)
|
NPS Shares
|
(3)
|
(3)
|
Ordinary Shares
|
13340448
|
(3)
|
I
|
See Footnote
(1)
|
Explanation of Responses:
|
(1)
|
The shares are owned by Olayan Saudi Holding Company ("OSHCO"), which is a majority-owned subsidiary of Olayan Financing Company ("OFC"). Each reporting person disclaims beneficial ownership of all interests reported on this Form 3 except to the extent of such reporting person's pecuniary interests.
|
(2)
|
The warrants become exercisable 30 days after the completion of an initial business combination and will expire on the fifth anniversary of such completion or earlier upon redemption.
|
(3)
|
Pursuant to the Stock Purchase Agreement entered into between Hana Investments Co. WLL, a Bahrain entity and majority-owned subsidiary of OFC ("Hana"), the Issuer, other selling stockholders, and NPS Holdings Limited ("NPS"), dated November 12, 2017, Hana agreed to exchange NPS shares for 13,340,448 shares of the Issuer's Ordinary Shares upon the closing of the business transaction between the Issuer and NPS (the "Transaction"), subject to Hana effectuating such exchange at the closing. The NPS shares became convertible into Issuer shares upon the Issuer's shareholders' approval of the Transaction, which approval occurred on May 18, 2018. Hana is a nominee of OSHCO with respect to the exchange.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Olayan Saudi Holding Co
P.O. BOX 8772, OLAYAN CENTER,
AHSAA STREET
RIYADH, T0 11492
|
|
X
|
|
|
Olayan Financing Co Ltd.
P.O. BOX 8772, OLAYAN CENTER,
AHSAA STREET
RIYADH, T0 11492
|
|
X
|
|
|
Signatures
|
/s/ Ibrahim M Dokhi, Deputy General Counsel, Olayan Saudi Holding Company
|
|
5/29/2018
|
**
Signature of Reporting Person
|
Date
|
/s/ Fadi Otaqui, General Counsel, Olayan Financing Company
|
|
5/29/2018
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 5(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
National Energy Services... (NASDAQ:NESR)
Historical Stock Chart
From Jun 2024 to Jul 2024
National Energy Services... (NASDAQ:NESR)
Historical Stock Chart
From Jul 2023 to Jul 2024