عربــى

EGX 30 14,545.54 -0.43%



July 2: Due date of Egyptians Housing’s 0.1:1 bonus shares

July 2: Due date of Egyptians Housing’s 0.1:1 bonus shares

Arab Finance: Egyptians Housing, Development and Reconstruction (EHDR) (EHDR) decided to issue bonus shares to increase the firm’s capital by EGP 20.68 million, the company said Tuesday in a statement to EGX.

The company will issue 0.100243399 bonus share for every share, to increase the capital to EGP 227 million from EGP 206.317 million.

The capital hike will be distributed over 10.34 million shares at EGP 2 per share.

Shareholders of record are entitled to the distribution until the end of July 2 session. The bonus shares are distributable as of July 3, 2019, while approximating fractions for minor shareholders.

 

#Related keywords

All rights reserved to Arab Finance 2015 ©

Back to top