The extraordinary general assembly of E-Finance (EFIH) has agreed to raise the company’s capital from EGP 888.8 million to EGP 924.4 million.
The 4% capital increase represents EGP 35.5 million to be distributed over 71.1 million shares at a par value of EGP 0.5/share.
The raised capital will go towards the company’s employee rewards & incentives program.
EFIH closed yesterday’s trading session up 3.09%.