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A 65 percent controlling stake in Movalled Niroogahi Tejarat Fars goes on offer on the Farabourse on 15 August

3 August 2026 · 2 months ago

The market operations department of Iran Farabourse has announced a block offering of the controlling stake in Movalled Niroogahi Tejarat Fars, traded under the symbol Bomovalled 4. According to the announcement, published by the Iran Capital Market News Agency (SENA) on Sunday 2 August 2026 (11 Mordad 1405), the offering will take place on 24 Mordad 1405 (15 August 2026) on the second market of the Farabourse.

The number of shares on offer is 5,510,774,551, equivalent to 65.05 percent of the company's total shares, and they will be transferred as a cash block sale.

Under the announced pricing terms, the total base price of the offering is set at the value of the shares on offer multiplied by the closing price of the symbol either on the day before the offering date or on the date the offering notice was published, plus 150 percent of that value, with the transaction price based on the higher of those two readings. A controlling block offering is the sale of a package of shares that transfers managerial control of the company to the buyer, which distinguishes it from a non management block offering.

Source:Iran Capital Market News Agency (SENA)The source text

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