Lock-up period for Nahdi major shareholders ends today

One of Nahdi Medical Co.’s pharmacy

The lock-up period imposed on Nahdi Medical Co.’s major shareholders ends today, Sept. 21, six months after its shares were listed on the Saudi Exchange (Tadawul) on March 22, 2022.

The lock-up was imposed on the major shareholders, who own a total of 70% of the company’s capital. These shareholders may now dispose of their shares without the need to obtain prior approval from the Capital Market Authority (CMA).