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Digital Research to start trading on Nomu from Dec. 11
09/12/2024
Argaam
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Logo of Digital Research Co. (DRC)
Shares of Digital Research Co. (DRC) will debut on the Nomu-Parallel Market starting Dec. 11, under the symbol 9621 and ISIN Code SA165H9KMAH8, the Saudi Exchange (Tadawul) announced today, Dec. 9.
The stock will trade with daily and static price fluctuation limits of ±30% and ±10%, respectively.
Additionally, the Securities Depository Center Co. (Edaa) deposited today subscribed securities into the accounts of eligible shareholders.
According to data available with Argaam, DRC earlier floated 337,500 shares on Nomu. The offered shares, representing 20% of post-IPO capital, were oversubscribed at 312.66% at SAR 83 apiece.
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