Tibbiyah shares to start trading on Nomu tomorrow

Logo of Arabian International Healthcare Holding Co. (Tibbiyah)

Arabian International Healthcare Holding Co. (Tibbiyah) will start trading on Nomu Parallel Market tomorrow, March 3, under the symbol 9530 and ISIN Code SA15H194KT19, according to the offering’s financial advisor and main bookrunner, Aldukhail Financial Group.

Daily fluctuation limit is ±30% and static price fluctuation limit is ±10%.

Tibbiyah’s subscribed securities were deposited into the center’s accounts of eligible shareholders on March 1, the financial group added.

The company’s Chief Executive Officer (CEO), Alaa Ameen, said that the listing and the start of trading of the company’s shares is an important milestone in its business, stressing that what the initial public offering (IPO) achieved is a positive indicator and a source of strength for the company.

He explained that the high demand for Tibbiyah’s IPO from both investors categories, whether institutional or retail, demonstrates the great confidence of investors in the future of the company and its ambitious plans to achieve expansion strategy.

For more IPO-related details and information please visit the company's website www.tibbiyah.com.

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