Ismailia Misr Poultry
ISMA
ISMA
Today, Wednesday, August 13, 2014, is the end date for trading subscription rights of Ismailia Misr Poultry.
The securities listing committee of the Egyptian Exchange (EGX) had decided to list the company’s subscription rights at 0.45 per each held one share on NOPL during the period from July 31 till August 13.
The opening price for the first day was set at EGP 0.02.
As of tomorrow’s trading, the closing price of the original shares will be as per the results of the latest review of values of closing prices.
The Egyptian Financial Supervisory Authority (EFSA) had given an in-principle approval for the company to call for the original shareholders to subscribe to the company’s issued capital increase by EGP 120 million at a nominal value of EGP 4 per share in addition to EGP 0.05 per share issuance costs. The capital will be increased from EGP 263.685 million to EGP 383.685 million. Shareholders of record till the close of trading on July 15 are entitled to subscribe to the issued capital increase.
The securities listing committee of the Egyptian Exchange (EGX) had decided to list the company’s subscription rights at 0.45 per each held one share on NOPL during the period from July 31 till August 13.
The opening price for the first day was set at EGP 0.02.
As of tomorrow’s trading, the closing price of the original shares will be as per the results of the latest review of values of closing prices.
The Egyptian Financial Supervisory Authority (EFSA) had given an in-principle approval for the company to call for the original shareholders to subscribe to the company’s issued capital increase by EGP 120 million at a nominal value of EGP 4 per share in addition to EGP 0.05 per share issuance costs. The capital will be increased from EGP 263.685 million to EGP 383.685 million. Shareholders of record till the close of trading on July 15 are entitled to subscribe to the issued capital increase.
Source:
Mubasher
