Tourah Cement to record sale orders of impacted shareholders next week

Updated 1/13/2021 12:59:00 PM

ArabFinance: Tourah Portland Cement Company will receive sale orders by shareholders rejecting and impacted by the delisting decision from January 17th until the 21st, according to official disclosure

EFG Hermes will act as the broker for the transactions. The orders will be carried out at a price of EGP 7.18 per share, the statement noted.

The company’s board approved last December the voluntary delisting from the Egyptian Exchange.

The OPR for Suez Cement’s shareholders will also take place during the same period.