Riyadh – Mubasher: The Saudi Exchange (Tadawul) has announced a formal adjustment to the trading parameters for Naseej for Technology Company, following the successful conclusion of the company’s extraordinary general meeting (EGM) on 18 May 2026.

The adjustment includes a revised reference price for daily fluctuation limits at SAR 24.63, which became effective from the start of the trading session on 19 May 2026, according to a bourse filing.

Adjusting the fluctuation limits comes as a direct result of the shareholders' approval of a capital increase through the issuance of bonus shares.

This corporate action is intended to strengthen a company’s capital base and reflect the capitalization of its retained earnings or reserves.

Meanwhile, the new price serves as the baseline for calculating the daily fluctuation limits, which are the maximum and minimum price levels within which the stock is permitted to trade during a single session.

Such adjustments are a standard technical procedure in global capital markets to ensure that the company’s total market capitalization remains consistent immediately following the dilution caused by the issuance of additional shares.

The administrative and technical processing of the new shares will be managed by the Securities Depository Center, known as Edaa.

According to the official timeline, Edaa is scheduled to deposit the newly issued bonus shares into the portfolios of eligible investors by the end of 21 May 2026. This three-day window allows for the necessary reconciliation and updating of shareholder records within the depository system.