Arab Finance: EFG Hermes, one of the group companies announced HRHO group (HRHO)And the pioneering investment bank in the Middle East and North Africa region, that its promotion and subscription coverage sector has succeeded in completing the advisory services for the historical registration process of the company Valeu On the Egyptian Stock Exchange and start trading the shares of Valio on the Egyptian Stock Exchange yesterday.
It is noteworthy that Valio shares on the Egyptian Stock Exchange were registered and traded through an innovative distribution of shares to the shareholders of the EFG Holding Group, which allocated 20,488% of Valio's capital for its shareholders, with the date of the entitlement on June 12, 2025, so that the deal enables the share of EFG Holding to participate directly in supporting the growth march of the fastest growing financial services technology platform in Egypt.
Parallel to the start of trading, the Amazon company acquired shares that represented a direct share of 3.95% in the yo at a price of 416.0 Egyptian pounds per share. The share price witnessed a remarkable positive performance, closed at 7.4 Egyptian pounds per share.
EFG Finance Holding (EFG Finance), a subsidiary of the EFG Holding Group, will continue to own 67% of?
For his part, Majid Al -Ayuti, co -chair of the IPG Hermes Cover Sector, said that the registration and the start of successful trading of the shares of Valeu on the Egyptian Stock Exchange and the world's leading Amazon investment in the field of technology is a milestone in the MBG Hermes March.
Al -Ayuti pointed to the exceptional capabilities that Valeu, which is to preserve the loyalty of customers, and develop an expandable platform and achieve sustainable growth, thus becoming one of the largest brands of success and credibility in the field of financial services technology in Egypt, stressing the company's confidence in Valeu's ability to continue providing an exceptional value to customers and shareholders alike, and from the success of its march as a leading company listed on the stock market Egyptian.
Al -Ayuti expressed his confidence that this historical deal will constitute a positive catalyst for reactivating the trading movement on the stock exchange.
It is worth noting that the start of trading of Valio shares for trading on the Egyptian Stock Exchange is an important addition to the financial services technology sector in Egypt, because of the company's attractive growth ingredients that maximize the value of investors from individuals and institutions, in light of its focus on meeting the needs of customers and continuing innovation.
“Valend” is also looking to achieve promising growth prospects, which enhances its position as a major engine for development in the Egyptian financial sector, supported by its record of achievements, the model of its sustainable business, and its commitment to achieving financial inclusion.
EFG Hermes worked as a single financial advisor for Valeyo and the EFG Holding Group regarding the registration process and the Amazon deal.
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