Saudi Lime sets price guidance for Nomu listing at SAR 15-17/share

16/03/2023 Argaam

Saudi Lime sets price guidance for Nomu listing at SAR 15-17/share

Logo of Saudi Lime Industries Co.


Alkhair Capital, as the financial advisor and lead manager on the potential offering of shares of Saudi Lime Industries Co. on Nomu-Parallel Market, announced setting the price range for the listing at SAR 15-17 per share.

 

In a Tadawul statement today, March 16, the company said the book-building process for qualified investors will run for five days from March 19-23.

 

Saudi Lime earlier announced its intention to float two million shares on Nomu, representing 9.09% of its SAR 220 million capital, according to Argaam's data.

 

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