Taaleem Holdings, the UAE’s leading provider of K-12 quality education with 26 schools, has appointed BHM Capital Financial Services as the liquidity provider for its shares listed on the Dubai Financial Market (DFM).
The appointment of liquidity providers will help increase the tradability of Taaleem shares by providing greater price stability and ensuring sufficient volume at any given price level. The improved liquidity will also help increase the attractiveness of Taaleem shares to a broader investor base, while providing existing Taaleem shareholders with greater trading flexibility.
Under the agreement, BHM Capital will provide liquidity for Taaleem shares listed on the DFM as a regulated market by feeding two-way daily quotes into the market trading system in accordance with the regulations set by the DFM and the UAE Securities and Commodities Authority (SCA).
Improve trade capacity
Alan Williamson, CEO of Taleem, said: “This appointment underscores our commitment to existing shareholders by helping to improve the tradability and liquidity of our shares on DFM, while also Allowing us to increase the attractiveness of the stock to a broader investor base.”
“Taaleem has an exciting growth strategy that includes expanding our existing portfolio of quality schools in the UAE, in addition to launching four more schools across the UAE by leveraging our extensive regional experience and expertise in building and operating quality education new school assets.” – trade arab news agency