Logo of Naf Company for Feed for Industry
The Saudi Exchange (Tadawul) announced that shares of Naf Company for Feed for Industry will start trading on the Nomu-Parallel Market as of July 20, with the symbol 9644 and ISIN Code SA16B164MM11.
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively, according to a Tadawul statement today, July 16.
For More IPOs
Separately, the Securities Depository Center Co. (Edaa) said Nafs subscribed securities were deposited today into the accounts of eligible shareholders.
According to Argaam data, Naf earlier offered 400,000 shares on Nomu at SAR 76 apiece between June 22-26. The offering was 111% oversubscribed.
The offered shares represented 20% of the companys SAR 20 million capital (divided into two million shares), at a nominal value of SAR 10 apiece.
