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Business, Markets

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

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Emirates’ first A350 takes flight

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NDMC arranges $2.5bn credit facility

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Natural Gas Distribution all set to list and trade on Nomu

The registration document for direct listing of 3 million shares was released on Jan. 23, setting the price guidance per share at SR49 ($13).
By TRENDS Desk
September 21, 2021 8:30 pm
  • Daily price fluctuation limits will be +/- 30 percent and static price fluctuation limits will be  +/- 10 percent
  • The trading of shares will begin on September 22

The listing and trading of shares of Natural Gas Distribution on Nomu will start on September 22, as a direct listing, according to a bourse filing.

Daily price fluctuation limits will be +/- 30 percent and static price fluctuation limits will be  +/- 10 percent, Tadawul said.

The natural gas producer set the benchmark price for its initial public offering in the parallel market at SAR 13, Argaam earlier reported.

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