Select Page

EGX to List Suez Canal Bank Free Shares

The EGX listing committee agreed to list the shares of increasing the issued and paid-up capital of the Suez Canal Bank (CANA).

The EGX indicated that it was decided to record the shares of the increase from EGP 2.2 billion pounds to EGP 2.904 billion pounds, an increase of EGP 704.326 million distributed over 70.432 million shares – a 0.32 free share for each original share before the increase – at par value of EGP 10 per share.

The EGX is set to list the free shares starting from tomorrow’s session, with a reference price set.