Nofoth shares to debut on Nomu on Jan. 10

08/01/2023 Argaam

Nofoth shares to debut on Nomu on Jan. 10

Logo of Nofoth Food Products Co.

Nofoth Food Products Co. will begin trading on Nomu-Parallel Market on Jan. 10, with the symbol 9556 and ISIN Code: SA15M2B4LA13, Tadawul said in a statement.

 

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

 

The Securities Depository Center Co. (Edaa) announced earlier today, Jan. 8, adding the company's subscribed securities into the accounts of eligible securities’ holders.

 

Nofoth offered 288,000 shares to qualified investors, representing 12% of its share capital, at price range between SAR 135 and SAR 150 per share, Argaam reported. The initial public offering (IPO) was 342.69% covered.

 

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