Newspaper: NCB starts share trading next week

09/11/2014 Argaam

“It is expected to start trading on NCB’s shares next week”, Alsharq newspaper reported.

 

According to data available on “Argaam”, “Tadawul” announced on Friday November 07, 2014 that the IPO shares of National Commercial Bank (NCB) have been deposited into applicable investor’s portfolios.

 

NCB’s IPO final coverage ration reached 2301%, where the number of subscribers reached 1.25 million, raising SAR 310.7 billion.

 

2000 shares were allocated to each individual in addition to 1.256% of the additional shares requested.

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