Edarat board approves transition to TASI

18/04/2024 Argaam

Edarat board approves transition to TASI

Logo of Edarat Communication and Information Technology Co.

Edarat Communication and Information Technology Co.’s board of directors approved, on April 17, the company’s transition from the Nomu-Parallel Market to the main market, according to a statement to Tadawul.

 

The company’s transition to the main market is subject to the approval of the Saudi Exchange (Tadawul) and the fulfillment of all the listing requirements, according to a statement to Tadawul.

 

Edarat will duly reveal any relevant updates, the statement added.

 

The company started trading shares on Nomu on Dec. 26, 2022, through a direct listing with SAR 25.20 million in capital, divided into 2.52 million shares, as data compiled with Argaam showed.

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