Altwijri Trading floated one million shares on Nomu
Abdulaziz Bin Ahmed Altwijri Trading Co. (Altwijri Trading) shares will start trading on the Nomu-Parallel Market on Nov. 20, under the symbol 9651 and ISIN Code SA16DGCKMPH3.
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively, according to a Tadawul statement.
The Securities Depository Center Co. (Edaa) deposited on Nov. 17 Altwijri Trading’s subscribed shares into the accounts of eligible shareholders. The company floated one million shares on Nomu at SAR 25 apiece, according to Argaam’s data.
The offering represents 20% of post-listing capital and 25% of pre-listing capital, with a nominal value of SAR 10 per share, bringing the company’s capital to SAR 50 million after the offering.
Qualified investors’ subscription covered 121.85% of the total offered shares.
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