Edarat finalizes liquidity plan, satisfies liquidity requirements

15/05/2023 Argaam
Logo of Edarat Communication and Information Technology Co.

Logo of Edarat Communication and Information Technology Co.

Edarat Communication and Information Technology (Edarat) completed the implementation of the liquidity plan and satisfied the liquidity requirements of Nomu-Parallel Market, based on subparagraphs (1) and (2) of Paragraph (b) of Article 41 of the Listing Rules, the company said in a statement to Tadawul today, May 15.

 

Yaqeen Capital, the liquidity provider, sold all shares allocated to satisfying liquidity requirements to qualified investors in Nomu, the statement added.

 

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