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Abu Dhabi Securities Exchange (ADX) today announced that it will allow Social Security beneficiaries to trade in the shares of Arkan Building Materials Company as from August 26, 2009.
There were 100 million shares allocated to Social Security beneficiaries during the Initial Public Offering of the company’s shares at ADX.
Arkan Building Materials was established in January 2006 and was first listed at ADX as from 8 January 2009, with a total number of issued shares that amount to 1750 million.
