Leaf Global to debut on Nomu today

27/06/2024 Argaam Special
Logo ofLeaf Global Environmental Services Co.

Logo of Leaf Global Environmental Services Co.


Leaf Global Environmental Services Co. started trading on the Nomu-Parallel Market today, June 27, under the symbol 9597 and ISIN code SA1630P4LUH2, at SAR 50 per share.

 

The stock has daily and static price fluctuation limits of ±30% and ±10%, respectively, the Saudi Exchange (Tadawul) said in a statement.

 

For More IPOs

 

The company floated 1.5 million shares on Nomu, representing 30% of the capital of 25 million shares, divided into five million shares, with a nominal value of SAR 5 per share. The IPO was125.5% subscribed, Argaam's data showed.

 

This is the 13th listing on Nomu in 2024, including one direct listing and 12 offerings to qualified investors.

 

Nomu witnessed IPOs of 35 companies last year, divided into six direct listings, 29 offerings to qualified investors, and one REIT.

 

Leaf Global listing brings the total number of companies on Nomu to 91, in addition to Alwaha REIT Fund.

 

Company Info:

 

Leaf Global Environmental Services Co. was established in 2018 as a closed joint stock company in Riyadh.

 

The company operates in environmental services, offering multiple services such as environmental impact assessment, environmental compliance monitoring, construction management plan, ground surveys, environmental survey, marine environment survey, marine control, such as water quality and sea grass, water, soil and sediment analysis, coral reef development, and mangrove transplantation.

 

Company Profile

Company 

Leaf Global Environmental Services Co.

Market 

Nomu-Parallel Market 

Core Activities 

Environmental services

Capital 

SAR 25 mln

Number of Shares 

5 mln

Nominal Value 

SAR 5/share

 

Company Shareholders

Shareholders

Pre-IPO

Post-IPO

Number of Shares

(mln)

Ownership (%)

Number of Shares

(mln)

Ownership (%)

Abdullah Saleh Mohammed Bin Laden

3.30

66.0%

3.275

65.5%

Ghaith Saleh Mohammed Bin Laden

1.70

34.0%

0.225

4.5%

The public (Qualified investors)

--

--

1.5

30.0%

Total

5.0

100%

5.0

100%

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