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Oct 8: Al Baraka Bank free stocks’ last date

Oct 8: Al Baraka Bank free stocks’ last date

ArabFinance: Al Baraka Bank – Egypt (SAUD) decided to increase issued capital to LE1,405,861,121 from LE1,266,541,549 with increase amounting to LE139,319,572.

The capital hike will be through the distribution of 19,902,796 shares, at par value of LE7 per share.

The capital increase will be through the distribution of 0.1100000013 free stock for every existing one held before increasing capital to shareholders recorded on 06/03/2019 and will be distributed on 07/03/2019.

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