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EGX nods OCI optional delisting from EGX

EGX nods OCI optional delisting from EGX

Arab Finance: The listing committee held today 24/02/2016 approved Orascom Construction Industries (OCI) (OCIC) to conduct the procedures of optional delisting according to article number 55 from listing rules.

The company’s issued capital is LE 1,044,692,095 distributed over 208,938,419 shares at a nominal value of LE5 per share (11 issuances).

The listing committee added the company listing data will be removed from the database after the operation of purchasing from creditors pledges and shareholders who interest to sell has been executed actually.

OCI is delisted effectively on Wednesday 24/02/2016 trading session.

Source: EGX & Finance editor

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