The Saudi Stock Exchange is witnessing trading today, Wednesday, November 27, 2024, the listing and commencement of trading of Tamkeen Human Resources Company shares on the main market.
Tadawul had previously announced the listing and commencement of trading of Tamkeen shares under the trading symbol 1835 and the international symbol SA165GP0SLH5.
She pointed out that the daily price fluctuation limits will be +/- 30%, with fixed price fluctuation limits of +/- 10% applied.
It also noted that these limits will only be applied 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.
The Securities Depository Center Company announced that the securities subscribed to in Tamkeen Human Resources Company will be added to the center’s accounts for eligible shareholders on Tuesday, November 26, 2024.
The company offered 7.95 million shares for subscription, representing 30% of the capital, at a price of 50 riyals per share. 20% of these shares were allocated to individual subscribers, while 80% were allocated to institutions.
Individual coverage was 14.43 times, with a value of 1.15 billion riyals. A minimum of 4 shares were allocated to each individual subscriber included in the subscription request, and the subscription was covered 138.2 times by institutions.
Tamkeen Human Resources Company was established in 2018 in Riyadh. The company works in the field of providing workforce solutions in the Kingdom, by offering a range of recruitment services.
