Arab Finance: Delta Insurance (DEIN) has approved disbursing 0.143-for-1 bonus shares to shareholders as of August 9^th, the company stated on July 24^th.

Shareholders of record date on August 8^th will be entitled to receive the dividends.

The bonus shares distribution comes as part of the company’s decision to raise issued and paid-up capital to EGP 400 million from EGP 350 million.

The capital increase amounts to EGP 50 million distributed over 12.5 million shares at a nominal value of EGP 4 per share.

Delta Insurance is engaged in the provision of life and non-life insurance and reinsurance services.

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