Beltone cleared by EGX to raise capital via bonus issue

Cairo – Mubasher: The Egyptian Exchange’s (EGX) listing committee approved on Wednesday a request from Beltone Financial Holding to increase issued and paid-in capital to EGP 338.031 million from EGP 325.483 million.

The EGP 12.55 million increase is divided into 6.27 million bonus shares.

The eligibility for the bonus share distribution is for shareholders of record till the close of trading on 4 May.

Bonus shares will be distributed at 0. 0385529783-for-1.

 

Mubasher Contribution Time: 20-Apr-2016 15:19 (GMT)
Mubasher Last Update Time: 20-Apr-2016 15:19 (GMT)