The listing and trading of the shares of the Saudi Tadawul Group Holding Company will begin today, Wednesday, on the main market (TASI).
The stock will be listed within the investment and finance sector of the main market, with the symbol 1111 and the international symbol (SA15DHKGHBH4).
According to a statement by the Stock Exchange, the daily price fluctuation limits will be (+/-30%) with the application of fixed limits for price fluctuations at (+/-10%), and the daily price fluctuation limits will be (+/-30%) Applying these limits only during the first three days of listing, and starting from the fourth trading day, the daily price volatility limits will be reset to (+/- 10%), and the fixed price volatility limits will be abolished.
With the inclusion of the shares of the Saudi Tadawul Group, the number of companies listed in the Saudi market reaches 192 companies, not counting the 17 real estate traded funds.
The company had offered 36 million shares, 70% of which were allocated to institutions, and the institutions' subscription was covered 121 times of the total shares offered.
30% of the total shares offered were allocated to individual subscribers (10.8 million shares at 105 riyals per share, and a minimum of 10 shares were allocated to each subscriber in the company).< /p>
