‎Tibbiyah shares to debut on Nomu on March 3

‎Tibbiyah shares to debut on Nomu on March 3

Shares of Arabian International Healthcare Holding Co. (Tibbiyah) will debut on Nomu Parallel Market as of Thursday, March 3, with the symbol 9530 and ISIN Code: SA15H194KT19, according to a bourse statement.

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

The Securities Depository Center Co. (Edaa) announced that it deposited today, March 1, Tibbiyah’s subscribed securities into the center’s accounts of eligible shareholders.

The company offered five million shares in an initial public offering (IPO) to qualified investors, representing 25% of capital, at SAR 82 a share. It allocated 20% of the total offered shares to qualified retail investors, according to data compiled by Argaam.

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