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Samad Misr - EGYFERT (SMFR.CA) - Release from FRA

EGYFERT SMFR 0.77% 197.40 1.50
Company Name : Samad Misr - EGYFERT
ISIN Code : EGS51191C012
Reuters Code : SMFR.CA
Content :
Release from the Financial Regulatory Authority stating that at the end of the session on Sunday 1/19/2025, the draft announcement of the mandatory purchase offer to acquire up to 90% of the shares of Misr Egyfert Fertilizers Company S.A.E., the company targeted by the offer submitted by Nas Investments Holding Limited (the offeror), was deposited, through the purchase of up to 5,520,000 shares, which represent 57.5% of the shares of the company targeted by the offer, at a purchase price of 95 Egyptian pounds per share. Note that the announcement submitted to the Authority did not include a minimum limit for implementing the offer, in accordance with the provisions of Chapter Twelve of the Executive Regulations of Capital Market Law No. 95 of 1992, the offer is being studied by the Authority

Release from FRA (520 KB)
Statement from the Financial Supervision Authority

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