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EGX reviews EDBE capital hike documents      

EGX reviews EDBE capital hike documents      

ArabFinance: EGX administration announced on April 24, Export Development Bank of Egypt (EXPA) has submitted its listing shares documents to increase issued capital to LE2.728 billion from LE1.728 billion with increase amounting to LE1 billion.

The capital hike will be distributed over 100 million shares at a nominal value of LE10 per share.

The capital hike will be through calling the existing shareholders for subscription according to priority right.

EGX added the documents will be reviewed to be presented to the listing committee.

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