‎GAS obtains Tadawul approval to move from Nomu to TASI

‎GAS obtains Tadawul approval to move from Nomu to TASI ‎GAS obtains Tadawul approval to move from Nomu to TASI

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Logo ofGas Arabian Services Co. (GAS)

The Saudi Exchange (Tadawul) approved today, Sept. 16, the transition of Gas Arabian Services Co. (GAS) to transfer from the Nomu- Parallel Market to the Main Market (TASI).

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In a statement, Tadawul said the company’s shares will continue trading in Nomu until the end of the period for publishing the transfer document. Accordingly, the issuer should publish the transfer document within three trading sessions following the announcement of Tadawul’s approval.

The transfer document will be available to the public on the websites of the issuer, Tadawul and the financial advisor for 10 trading sessions.

Shares will be suspended from the day following the end of the period for publishing the transfer document for no more than five trading sessions, in order to begin the transfer procedures.

Tadawul will also announce the date of trading suspension and start of listing the issuer’s shares in the main market as soon as the procedures are completed.

According to Argaam data, GAS had submitted a request in July 2025 to move from Nomu to TASI, through the electronic system developed by the regulator for this purpose.

The stock was listed on Nomu on Feb. 7, 2022, with SAR 158 million capital, divided into 158 million shares, at a nominal value of SAR 1 apiece.

GAS is the 16th company to move from Nomu to TASI.

 

Logo ofGas Arabian Services Co. (GAS)

The Saudi Exchange (Tadawul) approved today, Sept. 16, the transition of Gas Arabian Services Co. (GAS) to transfer from the Nomu- Parallel Market to the Main Market (TASI).

For more news on listed companies

In a statement, Tadawul said the company’s shares will continue trading in Nomu until the end of the period for publishing the transfer document. Accordingly, the issuer should publish the transfer document within three trading sessions following the announcement of Tadawul’s approval.

The transfer document will be available to the public on the websites of the issuer, Tadawul and the financial advisor for 10 trading sessions.

Shares will be suspended from the day following the end of the period for publishing the transfer document for no more than five trading sessions, in order to begin the transfer procedures.

Tadawul will also announce the date of trading suspension and start of listing the issuer’s shares in the main market as soon as the procedures are completed.

According to Argaam data, GAS had submitted a request in July 2025 to move from Nomu to TASI, through the electronic system developed by the regulator for this purpose.

The stock was listed on Nomu on Feb. 7, 2022, with SAR 158 million capital, divided into 158 million shares, at a nominal value of SAR 1 apiece.

GAS is the 16th company to move from Nomu to TASI.

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