Riyadh – Mubasher: Saudi Tadawul Group announced that the shares of Mohammed Hasan AlNaqool Sons Co. will be directly listed and traded on Nomu Parallel Market as of Wednesday, 2 June, with the symbol of 9514 and ISIN Code of SA158GAKKL15.

The daily price fluctuation limits will be +/- 30% and the static price fluctuation limits will be +/- 10%, the company said in a statement to the Saudi Stock Exchange (Tadawul) on Monday.

According to the registration document, the capital of Mohammed Hasan AlNaqool Sons Co amounts to SAR 29 million distributed over 2.9 million shares at a nominal value of SAR 10 apiece.

The company, mainly specialised in manufacturing cement blocks and ready-mix concrete, set the price guidance at SAR 21 per share.