Hawyia prices Nomu IPO at SAR 13 apiece
Selling shareholders stand to gain SAR 27.6 mn in net proceeds
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Selling shareholders stand to gain SAR 27.6 mn in net proceeds
Proceeds from the primary share sale will go toward funding two projects
The offering was over 126 times oversubscribed.
The issuance will see a combination of issuing new shares and selling existing shares.
Institutional bookbuilding is set to run from 11-15 May
This is a secondary share sale
The subscription period will run from 19-26 May
Proceeds from the primary share sale will be used to support the firm’s growth
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