Saudi exchange announces listing of Natural Gas Distribution Co

Company will be listed on the parallel market NOMU

  
Saudi men inspect a screen showing stock prices at ANB Bank in Riyadh, Saudi Arabia September 16, 2019.

Saudi men inspect a screen showing stock prices at ANB Bank in Riyadh, Saudi Arabia September 16, 2019.

REUTERS/Ahmed Yosri

The Saudi stock exchange has announced the listing of Natural Gas Distribution Co in NOMU, a parallel market with lighter listing rules.

A statement to Tadawul said it was a direct listing with daily price fluctuation limits of +/- 30 percent and static price fluctuation limits of  +/- 10 percent.

(Writing by Imogen Lillywhite; editing by Daniel Luiz)

(imogen.lillywhite@refinitiv.com)

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