Approving the Final Voluntary De-listing of the National Bank of Kuwait- Egypt- NBK (NBKE.CA)
The Listing Committee held on 09/02/2022 has approved the Final de-listing for the shares of National Bank Of Kuwait- Egypt- NBK, in light of the provisions of voluntary delisting, according to Article (55) of the listing rules, and Article (74) of the interpreted executive procedures thereof, and their amendments.
With its issued and listed capital of EGP 5 billion distributed over 500 million shares with a nominal value of EGP 10 per share (represented in five issues) on the schedule of the Egyptian securities "shares", as it was announced that the OPR market had been opened during the period from 25/01/2022 to 01/02/2022, where the purchase transactions were executed for 20,718,429 shares of the bank’s issued capital at a price of EGP 20.03/share on 02/02/2022.
The company’s data will be removed from the EGX database as of the beginning of the trading session on 10/02/2022, where the shares of the company shall be traded through the Ownership transfer market (Over the Counter) as of Sunday 13/2/2022 .
However, it is allowed to deal in the company's issued shares through the OPR system for six month,starting 13/02/2022 ,to complete the purchase of the remaining shares of shareholders who were not able to apply for sale during the previous period , at the same price of the fair value (EGP 20.03 per share) , according to the letter sbmitted to the EGX on 07/02/2022 , that signed by the managing director of Prime Securities Brokerage Company, which represents the buying party.
With its issued and listed capital of EGP 5 billion distributed over 500 million shares with a nominal value of EGP 10 per share (represented in five issues) on the schedule of the Egyptian securities "shares", as it was announced that the OPR market had been opened during the period from 25/01/2022 to 01/02/2022, where the purchase transactions were executed for 20,718,429 shares of the bank’s issued capital at a price of EGP 20.03/share on 02/02/2022.
The company’s data will be removed from the EGX database as of the beginning of the trading session on 10/02/2022, where the shares of the company shall be traded through the Ownership transfer market (Over the Counter) as of Sunday 13/2/2022 .
However, it is allowed to deal in the company's issued shares through the OPR system for six month,starting 13/02/2022 ,to complete the purchase of the remaining shares of shareholders who were not able to apply for sale during the previous period , at the same price of the fair value (EGP 20.03 per share) , according to the letter sbmitted to the EGX on 07/02/2022 , that signed by the managing director of Prime Securities Brokerage Company, which represents the buying party.
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