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The Saudi Stock Exchange “Tadawul” hosted an awareness workshop on “Investor Relations Essentials”, targeting representatives of companies to be listed on Nomu-Parallel Market on the 26th of February.
Conducted at Tadawul headquarters in Riyadh city and presented by Bloomberg, the workshop mainly highlighted the importance of activating investor relation (IR) programs for companies listed on capital markets.
Topics varied throughout the session covering trading volume analytics, broker activity, equity environment for IR, and creating a single integrated platform for IR. The workshop was attended by CEOs, Directors, financial managers, internal auditors, and PR managers in companies to be listed on Nomu-Parallel Market.
Organizing this workshop is part of Tadawul’s commitment to continuously support pilot companies to be listed soon on Nomu-Parallel Market, and raise their awareness on IR programs which are crucial to gain investors’ trust and achieve the required levels of disclosure and transparency.
It is worth mentioning that the Saudi Stock Exchange “Tadawul” has announced in April 2016 its plan to launch a new Parallel Market in Saudi Arabia. Since then, “Tadawul” teams have been working on execution plans including awareness workshops targeting financial advisors, companies interested in being listed on Nomu, and investors, in addition to a roadshow with various visits to chambers of commerce and other related institutions around the country.
