‎“Riyadh Steel” shares’ offering completed in “Nomu”‎

Alinma Investment Company, in its capacity as the financial advisor for the initial public offering of Riyadh Steel Company in the parallel market “Nomu,” announced the completion of the offering process for one million ordinary shares, representing 20% of the company’s total shares, as qualified investors subscribed to all of the shares offered.

It explained that the offering price is: (17) riyals per share, indicating that she will complete the necessary procedures with the Saudi Tadawul Company “Saudi Tadawul” and then determine the date for listing the company’s shares in the parallel market “Nomu.”