EGX nods to listing General Company for Silos’ capital increase

Updated 11/29/2023 9:19:00 AM
EGX nods to listing General Company for Silos’ capital increase

Arab Finance: The Egyptian Exchange’s (EGX) listing committee has approved listing the issued and paid-up capital increase of the General Company for Silos and Storage (GSSC) of EGP 50 million distributed over 5 million shares, or 0.4-for-1 bonus shares, at a par value of EGP 10 per share, as per a disclosure on November 29th.

Thus, the issued and paid capital has been increased from EGP 125 million to EGP 175 million.

Eligibility in the 0.4-for-1 bonus share will be for shareholders until November 29th’s trading session.

The company’s shares after capital increase are set to be listed on the EGX’s database as of November 30th.

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