Arab Finance: The Egyptian Exchange’s (EGX) listing committee has approved listing the issued and paid-up capital increase of Ismailia National Food Industries (Foodico) by issuing 1.15 million shares at a par value of EGP 5 per share, as per a disclosure.

Thus, the issued and paid capital has been increased to EGP 63.25 million from EGP 57.5 million.

Accordingly, a 0.1-for-1 bonus will be distributed, with eligibility for shareholders until February 7^th’s trading session.

The company’s shares after capital increase are set to be listed on the EGX’s database as of February 8^th.

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