EGX greenlights listing EGP 27.556M capital increase for Mansourah Poultry

Updated 9/4/2024 9:17:00 AM
EGX greenlights listing EGP 27.556M capital increase for Mansourah Poultry

Arab Finance: The Egyptian Exchange’s (EGX) listing committee has approved listing an increase of EGP 27.556 million for Mansourah Poultry’s issued and paid-up capital, the EGX disclosed on September 4th.

This increase is distributed over 137.778 million shares, equivalent to 0.28278-for-1 bonus shares, at a par value of EGP 0.2 per share.

Thus, the capital will be increased to EGP 125 million from EGP 97.444 million.

The 0.28278-for-1 bonus shares will be distributed, with eligibility in distribution to shareholders until a record date of September 4th.

The company's capital after the increase will be listed on the EGX's database on September 5th.

Mansoura Poultry is an Egypt-based public shareholding company specialized in poultry farming and its related activities. The firm produces poultry products for breeding purposes for the production of hatching eggs and day-old chicks.

Related News