Al-Hasoob to begin trading on Nomu on Nov. 4

02/11/2021 Argaam

Logo of Al Hasoob Trading Co. 

The Saudi Exchange will list the shares of Al Hasoob Trading Co. on Nomu Parallel Market on Thursday, Nov. 4 with the symbol 9522 and ISIN Code SA15D1FKKP14.   

   

The stock will have +/- 30% daily price fluctuation limits and +/- 10% static price fluctuation limits.   

 

The Securities Depository Center Co. (Edaa) credited Al Hasoob subscribed securities today, Nov. 2, to the accounts of eligible shareholders. 

 

The company offered 280,000 shares, representing 20% of its capital, Argaam earlier reported.

 

Al Hasoob initial public offering (IPO) on Nomu Parallel Market was successfully closed with the final offer price set at SAR 95 per share.

 

The offering was 2,318% oversubscribed with over SAR 650 million worth of orders placed on more than 6.5 million shares.

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