Rawasi Albina sees SAR 1.5 mln worth of negotiated deal on debut

18/08/2022 Argaam
Logo ofRawasi Albina Investment Co.

Logo of Rawasi Albina Investment Co.


The Nomu-Parallel Market saw today, Aug. 18, a negotiated deal worth SAR 1.5 million on shares of Rawasi Albina Investment Co.

 

Rawasi Albina's shares started trading on Nomu today, as a direct listing. The Capital Market Authority (CMA) approved, on June 15, the company’s application to list its shares on Nomu, with a price guidance of SAR 40/share, Argaam earlier reported.

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated price does not impact directly on market price.

 

Details

Company

Market Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Value
(SAR mln)

Rawasi Albina

28.00

28.00

55352

1.55

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