Logo of Armah Sports Company
The Saudi Exchange (Tadawul) announced that shares of Armah Sports Co. will be listed and start trading on the Nomu-Parallel Market on Nov. 30 under the trading symbol 9590 and ISIN Code SA15TGE4LR12.
The stock will trade with daily and static price fluctuation limits of ±30% and ±10%, respectively, the company said in a statement to Tadawul today, Nov. 28.
According to data available on Argaam, Armah Sports floated 4.93 million shares, representing 15% of its share capital, at SAR 28 per share. The offering was 404% oversubscribed.
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