Arab Finance: Shareholders of Egyptian brokerage firm Egyptian Arabian Company for Securities and Bonds Brokerage (Themar) have approved an EGP 20 million increase in issued and paid-up capital to EGP 100 million from EGP 80 million, according to a disclosure to the Egyptian Exchange (EGX).
The increase will involve distributing 25 million bonus shares at a nominal value of EGP 0.80 each. Shareholders will receive one bonus share for every four shares held, with fractional entitlements rounded up in favor of small shareholders.
The distribution will be financed from retained earnings and annual profits recorded in the company’s financial statements for the year ended December 31, 2025.
It is worth mentioning that Themar posted 148% year-on-year (YoY) higher net profits after tax at EGP 7.159 million in the first quarter (Q1) of 2026.
Themar operates a range of investment activities that include the sale and purchase of securities, as well as the provision of financial advice, e-trading, ownership transfer, training sessions, and financial advisory services.
