Riyadh – Mubasher: United Mining Industries Company will start the listing and trading of its shares on the Parallel Market (Nomu) on Sunday, 22 October 2023.
The Saudi Exchange (Tadawul) pointed out that the firm will trade its shares under the symbol 9583, according to a bourse disclosure.
The stock will be trading at daily and static price fluctuation limits of +/- 30% and +/- 10%, respectively.
Last June, the Capital Market Authority (CMA) greenlighted the request of United Mining Industries to float 1.75 million shares, representing %12.50 of the company's share capital.