Tadawul to list United International on TASI on Dec. 3

Logo of United International Holding Co.

The Saudi Exchange (Tadawul) announced today, Dec. 2, the listing and trading of shares of United International Holding Co. on the Main Market (TASI), effective Dec. 3, 2024.

The shares will be traded under the symbol 4083 and ISIN code SA165I21VPH1, with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.

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From the fourth trading day onwards, the daily price fluctuation limits will revert to +/-10%, while the static price fluctuation limits will no longer apply.

The Securities Depository Center Co. (Edaa) deposited today subscribed securities into accounts of eligible shareholders, according to another statement.

The company floated 7.5 million shares, or 30% of capital on the Main Market, at SAR 132 per share.

The retail offering was 9.1x covered, and a minimum of three shares were allocated to each individual subscriber. Rump shares were allotted on a pro-rata basis based on demand size at an average allocation factor of 1.6974%, according to data available on Argaam.