Arab Finance: Fitness Prime Health Clubs’ ordinary and extraordinary general meeting (OGM and EGM) have approved raising the issued and paid-up capital by EGP 15.9 million distributed over 31.8 million bonus shares at a par value of EGP 0.5 per share, the firm disclosed.
Hence, the capital shall be raised to EGP 82.15 million from EGP 66.25 million via the distribution of 0.24-for-1 bonus shares as of July 18th.
The eligibility in distribution will be for shareholders until a record date of July 17th.