Logo of United Mining Industries (UMI)
United Mining Industries Co. (UMI) will start trading on the Nomu-Parallel Market on Oct. 22, under the symbol 9583 and ISIN code SA15T0H4LNH2.
Shares will trade with ±30% daily and ±10% static price fluctuation limits, Tadawul said in a statement today, Oct. 18.
The company offered 1.75 million ordinary shares, representing 12.5% of the company’s capital, on Nomu at SAR 34 per share. The IPO was 343.55% covered, according to data available with Argaam.
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