“Tadawul” adds IPO shares of NCB according to their allocation

The Saudi Stock Exchange (Tadawul) announced that the IPO shares of National Commercial Bank (NCB) have been deposited into applicable investor’s portfolios on Friday 7/11/2014 (14/1/1436).
 

According to data available on “Argaam”, NCB’s IPO final coverage ratio reached 2301%, where the number of subscribers reached 1.25 million, raising SAR 310.7 billion. 2000 shares were allocated to each individual in addition to 1.256% of the additional shares requested.