UFG to debut on Nomu on Sept. 18

16/09/2024 Argaam
Logo ofArabian United Float Glass Co. (UFG)

Logo of Arabian United Float Glass Co. (UFG) 

Arabian United Float Glass Co. (UFG) will start trading on the Nomu-Parallel Market on Sept. 18, under the symbol 9611 and ISIN code SA164G54M5H6.

 

The stock will have daily and static price fluctuation limits of ±30% and ±10%, respectively, the Saudi Exchange (Tadawul) revealed today, Sept. 16.

 

For More IPOs

 

The company plans to meet the liquidity requirements with a liquidity provider, the statement added.

 

In March, the Capital Market Authority (CMA) approved the company’s application to list its shares on Nomu, Argaam earlier reported.
 
UFG recently announced the registration document and set the guidance price per share at SAR 54.

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