Wasatah Capital: 20% of Raoum Shares Offered for Subscription in Parallel Market

Al Wasatah Al Maliah (Wasatah Capital) Company in its capacity as the Financial Advisor on the potential offering of Raoom Trading Company announced on Sunday the intention of the Company to offer (1,000,000) ordinary shares representing (20.00%) of the Company’s shares (“the Offering”), and the listing of the Company’s shares on the Parallel Market (“NOMU”).

The Saudi Exchange approved the Company’s application for the listing its shares on the Parallel Market (“NOMU”) on 22.11.2021 and the Capital Market Authority (“CMA”) approved the Company’s application for the offering of the Company’s shares on the Parallel Market (“NOMU”) on 22.12.2021.

The offer price will be determined before the subscription period which will begin on Sunday 30.01.2022 and will end on Thursday 03.02.2022.