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August 2: Mansourah Poultry free stocks last date

August 2: Mansourah Poultry free stocks last date

ArabFinance:  Mansourah Poultry (MPCO) decided to increase issued capital to  LE72,375,000 from LE57,900,000 with increase amounting to LE14,475,000. 

The capital hike will be distributed over 3,618,750 shares at nominal value LE4 per share.

The company will finance the capital increase from 2016 delayed profits and the profits of year. 

The capital increase will be through the distribution 0.25 free stock for every existing one held before increasing capital to the shareholders as of record on Wednesday, August 2, and will be distributed on Thursday, August 3, 2017.

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