UFG finalizes liquidity plan, meets Nomu requirements

02/12/2024 Argaam
Logo ofArabian United Float Glass Co. (UFG)

Logo of Arabian United Float Glass Co. (UFG)

Arabian United Float Glass Co. (UFG) completed the implementation of its liquidity plan and met the liquidity requirements for the Nomu-Parallel Market, in accordance with subparagraphs (1) and (2) of paragraph (b) of Article 41 of the Listing Rules.

 

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In a statement to Tadawul, the company said Yaqeen Capital Co., the market institution and liquidity provider, sold all shares allocated to meet liquidity requirements to qualified investors in Nomu.

 

According to data available on Argaam, Nomu saw on Sept. 18 the direct listing and trading of UFG shares.

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