Saudi Exchange celebrates the listing of Leaf Global Environmental Services on Nomu - Parallel Market

Riyadh, 27 June 2024: The Saudi Exchange today celebrated the listing of Leaf Global Environmental Services, a science, engineering, and technology company, on Nomu Parallel Market. Mr. Nasser Alajaji, Chief of Listing at Saudi Exchange, and Abdullah Binladen, Chairman of Leaf Global Environmental Services attended the listing ceremony.

Established in 2018, Leaf Global is an environmental consultancy and services company and a leading contributor to the Saudi Green Initiative (SGI). Its team is specialized in pollution mitigation, ecosystem restoration, marine works, and natural resource conservation.

Nasser Alajaji, Chief of Listing at Saudi Exchange, said: "The Kingdom's sustainability sector continues to grow and the listing of Leaf Global is another example of the diversification of the companies listed on our Exchange. We are delighted to welcome Leaf Global as they begin their journey on the Saudi Exchange. We hope this move highlights the array of benefits that come from joining Nomu – Parallel Market and motivates other firms in the sustainability industry to consider listing in the future."

Abdullah Binladen, Chairman of Leaf Global Environmental Services, said: "Today's achievement marks a pivotal point in our journey at Leaf Global. Through our listing on Nomu – Parallel Market, we look forward to enhancing the conservation of the environment throughout the GCC and beyond, leveraging the success and significant geographic reach of the Saudi capital market. We look forward to life as a listed entity on the Saudi Exchange, contributing to the advancement of both the Saudi capital market and the Industrials industry."

Leaf Global offered 1.5 million shares representing 30% of the Company’s issued share capital.

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