Mayar Holding shares to debut on Nomu on April 11

Logo of Mayar Holding Co.

Mayar Holding Co. will list and start trading on Nomu-Parallel Market on April 11, as a direct listing with the symbol 9568 and ISIN Code SA15PH34LG16, according to a Tadawul statement today, April 9.

The daily and static price fluctuation limits of +/-30% and +/-10%, respectively, will apply.

On March 20, Mayar issued the registration document for the direct listing of its shares on Nomu. The price guidance for listing was set at SAR 70 per share, according to data available with Argaam.
 

On March 13, the Capital Market Authority (CMA) approved the company’s request to register its shares for direct listing on Nomu. 

Mayar Holding was established in December 2013 in Riyadh. Its current capital is SAR 60 million, divided into six million shares.

The company's activity involves managing subsidiaries or co-managing other companies in which it owns shares. It provides the necessary support, invests money in shares and other securities, as well as owns real estate and movables needed for carrying out its activities.