Cairo – Mubasher: The Egyptian Exchange (EGX) announced executing the public and private placements at EGP 774.4 million, according to Wednesday’s bourse statement.
The amount of the public and private offerings were 24 million shares and 56 million shares respectively at EGP 9.68 per share.
The public offering was covered by 1.94 times, while the private placement was covered by nearly 7.38 times.
Obour Land operates with 200 million shares distributed across 200 million shares.
