‎Jamjoom Fashion to debut on Nomu on Sept. 18

‎Jamjoom Fashion to debut on Nomu on Sept. 18 ‎Jamjoom Fashion to debut on Nomu on Sept. 18

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Logo ofJamjoom Fashion Trading Co.

Shares of Jamjoom Fashion Co. will start trading on the Nomu-Parallel Market on Sept. 18, under the symbol 9649 and ISIN Code SA16CI8KMOH3.

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The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively, the Saudi Exchange (Tadawul) said today, Sept. 17.

Separately, the Securities Depository Center Co. (Edaa) said Jamjoom Fashion’s subscribed securities were deposited today into the accounts of eligible shareholders.

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According to data available with Argaam, Jamjoom Fashion floated 2.38 million shares on Nomu – Parallel Market, representing 30% of its SAR 79.48 million capital, divided into 7.94 million ordinary shares at a par value of SAR 10 each.

The final offering price was set at SAR 145 per share, with the IPO 4.5x oversubscribed.

 

Logo ofJamjoom Fashion Trading Co.

Shares of Jamjoom Fashion Co. will start trading on the Nomu-Parallel Market on Sept. 18, under the symbol 9649 and ISIN Code SA16CI8KMOH3.

The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively, the Saudi Exchange (Tadawul) said today, Sept. 17.

Separately, the Securities Depository Center Co. (Edaa) said Jamjoom Fashion’s subscribed securities were deposited today into the accounts of eligible shareholders.

For more news on listed companies

According to data available with Argaam, Jamjoom Fashion floated 2.38 million shares on Nomu – Parallel Market, representing 30% of its SAR 79.48 million capital, divided into 7.94 million ordinary shares at a par value of SAR 10 each.

The final offering price was set at SAR 145 per share, with the IPO 4.5x oversubscribed.

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