ArabFinance: The Egyptian Exchange’s (EGX) listing committee has approved the listing of Odin for Investment and Development, the demerged company of ODIN Investments (ODIN), according to a statement.
Odin for Investment and Development will be listed with an authorized capital of EGP 500 million and an issued capital of EGP 158.08 million.
The issued capital of the demerged company will be distributed over 104 million shares at a nominal value of EGP 1.52 per share.
The shares of the demerged company will be registered in the EGX’s database as of Sunday, December 5th, 2021, with the ticker symbol of (ODID.CA).