Saudi Azm to debut on Nomu on March 1

27/02/2022 Argaam
Logo ofSaudi Azm for Communication and Information Technology Co.

Logo of Saudi Azm for Communication and Information Technology Co. 

The Saudi Exchange (Tadawul) announced that shares of Saudi Azm for Communication and Information Technology Co. will debut on Nomu Parallel Market as of Tuesday, March 1, with the symbol 9534 and ISIN Code: SA15H134KV18.

 

The stock will have +/- 30% daily price fluctuation limits and +/- 10% static price fluctuation limits.

 

On Dec. 29, 2021, the Capital Market Authority (CMA) approved Saudi Azm’s application to list its shares on Nomu Parallel Market, Argaam earlier reported.

 

Saudi Azm was established in Riyadh as a limited liability company in 2017, and its current capital stands at SAR 30 million.

 

The price guidance was set at SAR 70 per share.

 

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