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Thursday, April 25, 2024 7:5 GMT
Saudi Arabia's Natural Gas Distribution Co’s listing and trading shares on Parallel Market Nomu will start as of Wednesday, September 22, as a direct listing, according to a bourse filing. Daily price fluctuation limits will be +/- 30% and static price fluctuation limits will be +/- 10%, Tadawul said. The natural gas producer set the benchmark price for its initial public offering in the parallel market at SAR 13 (~US$3.5), Argaam earlier reported.