‎Naf debuts on Nomu at SAR 76/shr today

‎Naf debuts on Nomu at SAR 76/shr today ‎Naf debuts on Nomu at SAR 76/shr today

​‎

Logo ofNaf Company for Feed for Industry

Naf Company for Feed for Industry sharesstartedtrading on the Nomu-Parallel Market today, July 20, under the symbol 9644 and ISIN Code SA16B164MM11, at SAR 76 apiece.
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.

Naf floated400,000 shares on Nomu. The offered shares represented 20% of the company’s post-IPO capital, amounting to SAR 20 million, divided into two million shares. The offering was nearly 111%covered.

Advertisement

TheofferingofNaf broughtthis year’s IPOs to19on Nomu, including one direct listing and 18 offerings to qualified investors.

Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.

This listingbroughtthe number of Nomu firms to 123, in addition toAlwaha REIT Fund.

The company was established in 2015 inRiyadh as a branch of a sole proprietorship under the name Naf Feed Factory for Industry Co.before being transformedinto a closed joint-stock firm.

Its actual activity is the manufacturing and sale of feed products.

Company Profile

Company

Naf Company for Feed for Industry

Core Activities

Manufacturing and sale of feed products

Market

Nomu-Parallel Market

Capital

SAR 20 mln

Number of Shares

2 mln

Nominal Value

SAR 10

Company Shareholders

Shareholders

Before IPO

After IPO

Number of Shares

(‘000)

Ownership

(%)

Number of Shares

(‘000)

Ownership

(%)

Fayez Ithaar Talhab Al-Harbi

840

42%

672

33.6%

Saud bin Habbas Al-Gharabi Al-Harbi

840

42%

672

33.6%

Abdullah SulaimanKhalifaAl-Khalifa

320

16%

256

12.8%

Qualified investors

400

20%

Total

2000

100%

2000

100%

 

Logo ofNaf Company for Feed for Industry

Naf Company for Feed for Industry sharesstartedtrading on the Nomu-Parallel Market today, July 20, under the symbol 9644 and ISIN Code SA16B164MM11, at SAR 76 apiece.
The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively.

Naf floated400,000 shares on Nomu. The offered shares represented 20% of the company’s post-IPO capital, amounting to SAR 20 million, divided into two million shares. The offering was nearly 111%covered.

TheofferingofNaf broughtthis year’s IPOs to19on Nomu, including one direct listing and 18 offerings to qualified investors.

Last year, Nomu witnessed 30 IPOs, including three direct listings and 27 offerings to qualified investors.

This listingbroughtthe number of Nomu firms to 123, in addition toAlwaha REIT Fund.

The company was established in 2015 inRiyadh as a branch of a sole proprietorship under the name Naf Feed Factory for Industry Co.before being transformedinto a closed joint-stock firm.

Its actual activity is the manufacturing and sale of feed products.

Company Profile

Company

Naf Company for Feed for Industry

Core Activities

Manufacturing and sale of feed products

Market

Nomu-Parallel Market

Capital

SAR 20 mln

Number of Shares

2 mln

Nominal Value

SAR 10

Company Shareholders

Shareholders

Before IPO

After IPO

Number of Shares

(‘000)

Ownership

(%)

Number of Shares

(‘000)

Ownership

(%)

Fayez Ithaar Talhab Al-Harbi

840

42%

672

33.6%

Saud bin Habbas Al-Gharabi Al-Harbi

840

42%

672

33.6%

Abdullah SulaimanKhalifaAl-Khalifa

320

16%

256

12.8%

Qualified investors

400

20%

Total

2000

100%

2000

100%

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement