Arab Finance: The Financial Regulatory Authority (FRA) has approved the publication of the prospectus of the public offering of up to 20% of Fitness Prime Health Clubs’ capital on the Egyptian Exchange’s (EGX) small- and medium-sized market, known as NILEX, as per disclosure sent to the EGX.
The prospectus includes the sale of a maximum of 26.5 million shares in the company through an offering in the secondary market, at a price of EGP 1.20 per share.