Arab Finance: The Securities Representative Committee in its session, held on 26/03/2025, decided to approve the number of 176,530,050, the right to subscribe to the shares of increasing the capital of the source and paid company. Good luck for financing rentFrom 558.674.875 Egyptian pounds to 1 billion Egyptian pounds, an increase of 441.325.125 Egyptian pounds, distributed over the number of 176.530.050 shares at nominal value 2.5 Egyptian pounds per share without issuance expenses, and the increase is paid through the cash subscription for the shareholders and / or through the credit balances due Financial on 11/30/2024, while allowing the right to subscribe to the shares of the increase separately from the original share, in light of the company's fulfillment of the necessary legal documents for the registration and in particular an invitation to the old shareholders to subscribe to the shares of the increase, approved by the Financial Supervisory Authority on 16/03/2025, as well as the approval of the Egypt Clearing, Depository and Central Registration Company in terms of subscription rights to the deposit system Central on 03/24/2025.
Note that the right to subscription (in the range of approximately 78.99% of the number of shares owned by each shareholder of shareholders in the company's capital before the increase) will have a holder and buyer of the stock until the end of a trading session on Sunday 06/06/2025, and that it will be circulated during the period from Wednesday 09/04/2025 (the date of opening the subscription door) ends on Sunday 27/07/2025 (before the date The subscription door is closed three days).
Second:- The subscription rights will be included in the shares of the company resulting from the cash increase of 176,530,050 right on the database as of the beginning of a trading session on Monday 07/04/2025.
The subscription rights referred to for trading are available from the beginning of the trading session on Sunday 09/04/2025.
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