Logo of Sure Global Tech
The Saudi Exchange (Tadawul) announced that Sure Global Tech Co. will start trading on Nomu-Parallel Market on Oct. 24, with the symbol 9550 and ISIN Code SA15L134L718, according to a statement to Tadawul.
Tadawul added that the company’s shares will trade with a daily price fluctuation of +/- 30% and +/- 10% static price fluctuation limits.
In June, the Capital Market Authority’s (CMA) board of directors approved the registration request received from Sure Global Tech Co. for direct listing on Nomu-Parallel Market.
The offering price was set at SAR 70 per share, with a coverage ratio of 648.98x.
