Arab Finance: The Egyptian Exchange’s (EGX) listing committee has approved listing the increase of EGP 480.741 million in Egypt Gas's issued and paid-up capital, according to a filing on May 15^th.

Hence, the capital shall be upped from EGP 961.482 million to EGP 1.442 billion after the issuance of 48.074 million shares at a nominal value of EGP 10 per share.

Accordingly, the company will distribute the 0.499-for-1 bonus shares, with eligibility to shareholders until a record date of May 15th.

The company's capital after the increase will be listed on the EGX's database on May 16^th.

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