AlKhair Capital to offer United Mining Industries shares on Nomu

AlKhair Capital Saudi Arabia, the financial advisor and lead manager of the public offering of United Mining Industries Co., announced an offering 1.75 million ordinary shares, or 12.50% of the company's capital on Nomu-Parallel Market, according to a statement to Tadawul. 

The company obtained, on June 12, the approval of Tadawul to list its shares on Nomu. The CMA approved, on June 20, the application submitted by the company to register and offer 1.75 million shares, or 12.5% of its capital, on Nomu.  

The final offer price will be determined after the book-building period. The offering period will begin on Tuesday, Sept. 29, and run for five days until Monday, Oct. 2, 2023, said AlKhair Capital.