EGX
In an EGX disclosure, Nouh explained that while the FRA has no objections to the delisting, it has outlined a series of conditions that Ezz Steel must adhere to.
The market capitalization stood at LE 2.254 trillion, while total transactions amounted to LE 181 billion.
The benchmark EGX30 dipped 0.18 percent, or 55.39 points, closing at 31,005.12 points.
The benchmark EGX30 rose 0.72 percent, or 220.94 points, closing at 31,060.51 points.
In a filing to the EGX, the company stated that the decision was approved during a board meeting held on December 7, 2024.
According to the bank, the share price was set at LE 13.85, with the offering divided into two tranches.
The benchmark EGX30 declined 1.45 percent, or 438.31 points, closing at 29,846.04 points.
CI Capital is acting as the lead manager for the share offering, with Commercial International Brokerage as the broker, and Baker Tilly serving as the financial advisor.
The market capitalization rose by nearly EGP 2.226 trillion, reaching EGP 135.48 trillion, with total transactions amounting to EGP 2.9 billion.
The benchmark EGX30 declined 0.42 percent, or 126.71 points, closing at 30,270.51 points.
The benchmark EGX30 declined 0.77 percent, or 234.58 points, closing at 30,397.22 points.
The market capitalization rose by LE 10 billion, reaching LE 2.248 trillion, with total transactions amounting to LE 47.6 billion.
The benchmark EGX30 declined 0.33 percent, or 100.31 points, closing at 30,587.99 points.
The benchmark EGX30 declined 0.57 percent, or 176.04 points, closing at 30,688.3 points.
The bank revealed the retail portion of its offering will take place between November 20 and 25, while the institutional segment will run from November 27 to December 3.
The benchmark EGX30 declined 1.24 percent, or 387.73 points, closing at 30,864.34 points.
The benchmark EGX30 declined 0.67 percent, or 210.14 points, closing at 31,252.07 points.
The benchmark EGX30 inched up 0.09 percent, or 29.2 points, closing at 31,462.21 points.
The benchmark EGX30 declined 0.47 percent, or 149.38 points, closing at 31,433.01 points.
The benchmark EGX30 inched down 0.12 percent, or 38.9 points, closing at 31,582.39 points.
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