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Rameda Pharmaceutical's public offering covered 36 times

Rameda Pharmaceutical's public offering covered 36 times

ArabFinance: The Egyptian Stock Exchange (EGX) has disclosed the results of the public offering of Rameda Pharmaceutical's (RMDA) shares, which are covered 36 times, the total bids amount 683,226,133 shares.

CI Capital Investment Bank said, in a statement sent to EGX, the coverage of the private offering of Rameda Pharmaceutical reaches 117% of the offering price of EGP 4.66/share.

It is worth mentioning that the allocation percentage is 2.7%. 

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