FRA approves offering 20% of Fitness Prime on EGX’s SMEs market

Updated 10/31/2023 10:28:00 AM
FRA approves offering 20% of Fitness Prime on EGX’s SMEs market

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.

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