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EGX Approves Listing the Shares of Credit Agricole’s Capital Increase

The Egyptian Exchange has agreed to list the shares of Credit Agricole’s (CIEB) Capital Increase, from EGP 3.5 to 6 billion.

The EGX has indicated that the increase was distributed over 939.08 million shares.

There are 3.02 free shares for each original share before the increase, and the nominal value of each share is estimated at EGP 4.