Riyadh, 25th of May 2022, Shares of Naseej for communication and information technology started trading on the Nomu-Parallel Market yesterday, May 24, under the symbol 9538 and ISIN Code SA15IH34L116. Daily fluctuation limit is ±30% and static price fluctuation limit is ±10%.
On March 28, the Capital Market Authority (CMA) approved Naseej’s application to register its shares for direct listing on Nomu, and on April 20th Naseej announced the registration document for listing it shares on Nomu, with a price guidance for trading its shares at SAR 70.
“The listing of Naseej shares on the Nomu market is a testament to the operational efficiency and the quality of the systems of governance at Naseej and promises numerous benefits for Naseej and investors by furthering the efficacy of our governance systems and operational excellence, enabling us to expand the range and quality of the solutions we offer to our customers in the region, and serve as an important step towards serving more customers in regional and global markets”. Mr. Abduljabbar Al-Abduljabbar, Naseej’s Executive President commenting on this occasion.