“Tadawul” adds IPO shares of NCB according to their allocation

07/11/2014 Argaam

The Saudi Stock Exchange (Tadawul) announced that the IPO shares of National Commercial Bank (NCB) have been deposited into applicable investor’s portfolios on Friday 7/11/2014 (14/1/1436).
 

According to data available on “Argaam”, NCB’s IPO final coverage ratio reached 2301%, where the number of subscribers reached 1.25 million, raising SAR 310.7 billion. 2000 shares were allocated to each individual in addition to 1.256% of the additional shares requested.

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