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Macro Group’s Private Placement Covered 1.8 times

The Egyptian Exchange (EGX) has announced that the private placement of Macro Group Pharmaceuticals Company (Macro Capital) has been covered 1.79 times.

The EGX stated that the final price is EGP 4.85/share.

It has set the latest date for registering orders for the first tranche of the public offering at EGP 4.85, next Monday, February 7.

The brokerage firms demanded a deposit of at least 25% of the value of the shares to be purchased.