Tadawul Saudi Arabia announced that it will list and begin trading in the company’s shares Al Majid Oud On the main market as of Monday, October 7, 2024, with the trading code 4165 and the international code SA164HF212H1, provided that the daily price fluctuation limits are +/- 30%, with fixed price fluctuation limits applied at +/- 10%.
It indicated that these limits will be applied only during the first three days of listing, and starting from the fourth day of trading, the daily price fluctuation limits will be reset to -/+ 10%, and the fixed price fluctuation limits will be cancelled.
To view more IPO news and details
According to the data available in numbersYesterday, the securities subscribed to by Al Majid Oud Company were added to the center’s accounts for eligible shareholders.
Al Majid Oud offered 7.5 million shares, representing 30% of the company’s capital, after the offering, 80% of which were allocated to the participating groups and 20% to the individual segment.
The coverage percentage for individuals reached 821.33%, and each subscriber received a minimum of 6 shares, and the remaining shares were allocated on a proportional basis of 0.7634% based on the size of each investor’s request compared to the total remaining subscribed shares.
The coverage rate of the participating classes reached 15,646% of the total shares offered (more than 156 times).
ظهرت في الأصل على www.argaam.com