Arab Finance: The Egyptian Exchange’s (EGX) listing committee has endorsed listing the authorized capital increase of Beltone Financial Holding to EGP 11 billion from EGP 1 billion, as per a filing on July 25th.
The committee has also approved listing the company’s issued and paid-up capital increase to EGP 10.926 billion from 926.957 million by EGP 10 billion distributed over 5 billion shares at a par value of EGP 2 per share.
The company’s shares will be listed after the capital increase on the EGX's database with determining a reference price for its shares as of July 27th.