Foods Gate shares to start trading on Nomu on April 5

03/04/2023 Argaam

Foods Gate shares to start trading on Nomu on April 5

Logo of Foods Gate Trading Co.

Foods Gate Trading Co. will begin trading on Nomu-Parallel Market as of April 5, with the symbol 9562 and ISIN code SA15PGS4LD16.

 

In a statement to Tadawul today, April 3, the company stated that shares will trade with +/- 30% and +/- 10% daily and static price fluctuation limits, respectively.

 

The Securities Depository Center Co. (Edaa) also announced depositing today the subscribed shares of Foods Gate into the accounts of eligible shareholders.

 

According to Argaam’s data, the firm offered 420,000 shares to qualified investors, representing 20% of its total shares, with the offering price set at SAR 56 per share.

 

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