Saudi Lime to debut on Nomu on April 27

25/04/2023 Argaam

Saudi Lime to debut on Nomu on April 27

Logo of Saudi Lime Industries Co.

The Saudi Exchange (Tadawul) announced today, April 25, that shares of Saudi Lime Industries Co. will begin trading on Nomu - Parallel Market on April 27, with the symbol 9566 and ISIN Code SA15Q08KLF13.

 

Daily and static fluctuation limits will be ±30% and ±10%, respectively, Tadawul said in a statement.

 

Meanwhile, the Securities Depository Center (Edaa) announced depositing the company's subscribed securities into the accounts of eligible shareholders today.

 

Saudi Lime floated two million shares, or 9.09% of its share capital, on Nomu, in an offering that ran from March 19-23, according to Argaam's data.

 

The offering price was set at SAR 17 per share, while the offering was 318.9% oversubscribed.

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