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Yaqeen Capital

09 January, 2025 08:10

Yaqeen Capital Company announces the Offering International Unions For Trade Company (“lUTC”) and the listing of its shares on the Parallel Market (“NOMU”).

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Announcement Detail Yaqeen Capital Company in its capacity as the Financial Advisor and Lead Manager on the potential offering of International Unions For Trade Company (“lUTC”) (the Company) announce the intention of the Company to offer (247,000) ordinary shares representing (13.00%) of the Company’s shares post Offering (“the Offering”), and the listing of the Company’s shares on the Parallel Market (“NOMU”). The Saudi Exchange approved the Company’s application for the listing its shares on the Parallel Market (“NOMU”) on 19-03-1446H (corresponding to 22-09-2024) and the Capital Market Authority (“CMA”) approved the Company’s application for the Offering of the Company’s shares on the Parallel Market (“NOMU”) on 25-04-1446H (corresponding to 28-10-2024G). The price at which all subscribers in the offering will purchase the Shares will be determined after the book-building period. The Offering Period will begin on Sunday 03-08-1446H (corresponding to 02-02-2025G) and will end on Thursday 07-08-1446H (corresponding to 06-02-2025G). For more information and for the Red Herring Prospectus, please visit the Capital Market Authority website below: https://cma.org.sa/Market/Prospectuses/Documents/IUTC_ar.pdf

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