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Banque du Caire sets final IPO price at EGP 5.30/share after private placement closes

Updated 10/26/2026 10:03:00 AM
Banque du Caire sets final IPO price at EGP 5.30/share after private placement closes

Arab Finance: Banque du Caire has set the final price for its share offering on the Egyptian Exchange (EGX) at EGP 5.30 per share, following the close of its private placement.

The price was determined through book-building after purchase orders for the private placement closed on October 23, 2026, with the tranche covered 6 times.

Excluding shares allocated to qualified investors previously disclosed on October 19 and October 22, coverage reached 19.8 times.

Investors have until October 28 to register purchase orders for the public offering at the final price of EGP 5.30 per share.

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