Riyadh – Mubasher: Wasatah Capital announced the completion of Raoom Trading Company's offering on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) at a price of SAR 80 per share.
The offering included 1 million ordinary shares, equivalent to 20% of the company's total shares, according to a bourse disclosure on Tuesday.
Wasatah Capital, the offering's financial advisor, noted that the coverage accounted for 740.8% of the total 1 million shares that were offered during the subscription period from 30 January until 3 February.
It is worth noting that in January, Raoom Trading announced its intention to list part of its shares on Nomu.
