Subscription for Al Battal Factory's Shares Commences on Nomu

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Tadawul All Shares Index

TASI.SA

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On December 15, investors began the subscription process for 670,000 shares of Al Battal Factory for Chemical Industries Co. on the Nomu-Parallel Market.

The subscription period is set to last for five days, concluding on December 19. The price per share is within a range of SAR 54 to SAR 63. These shares represent 20.09% of the company's post-IPO capital, which is SAR 33.35 million, and 22.33% of the pre-IPO capital.

Following the IPO, the company's capital will increase to SAR 33.35 million, divided into 3.34 million shares, with each share having a par value of SAR 10.

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