The stocks’ price movement limits will be effective as of the closing session of the ex-dividend date on May 5th.
The EGX’s decision came after the company’s announcement of distributing cash dividends of EGP 0.285 per share on May 10th.
The company posted a net profit of EGP 864,095 in 2019, compared to net profit of EGP 582,087 in the same period a year ago.
Founded in 2005 and listed in 2013, Vertika operates within the Software and Services sector focusing on Internet Software and Services.