Riyadh – Mubasher: Meyar Company intends to list 265,400 ordinary shares, accounting for 20% of its total shares, on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul).

Yaqeen Capital, the financial advisor and lead manager of the potential transaction, noted that the offering period will take place during 19-23 March 2023, according to a bourse filing.

Meanwhile, the price of the final offering will be determined after the book-building period.

Tadawul passed Meyar’s Nomu listing on 8 February 2022, while the Capital Market Authority (CMA) granted its approval last December.