Tadawul approves Abo Moati’s transition to main market

The Saudi Stock Exchange (Tadawul) has approved on Nov. 4 Abdullah Saad Mohammed Abo Moati for Bookstores Co.’s request to transition its shares from Nomu parallel market to the main market, according to a bourse statement.

The company has SAR 200 million capital, divided into 20 million shares.

A trading halt will be placed on the company’s shares starting tomorrow, Nov. 5 for a maximum of five sessions to finalize the transition procedures.

Tadawul will announce Abo Moati’s debut date on the main market once the required procedures are complete.