Riyadh Steel to list shares on Nomu next week

Riyadh Steel to list shares on Nomu next week

Riyadh Steel Company will float its shares on the Parallel Market (Nomu) on Sunday, 3 December 2023, according to a bourse disclosure.

The Saudi firm will list 1 million ordinary shares, representing 20% of its total shares, under the symbol 9588.

The Saudi Exchange (Tadawul) noted that the stock will be trading at daily and static price fluctuation limits of +/- 30% and +/- 10%, respectively.

It is worth noting that the Capital Market Authority (CMA) greenlighted the company’s Nomu listing on 22 June 2023.

All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (Syndigate.info). Riyadh Steel to list shares on Nomu next week