Arab Finance: Future Care for Medical Industries has completed its capital increase subscription after investors subscribed to all 57.5 million shares offered across two phases, achieving 100% coverage, as per a disclosure.

The first phase attracted subscriptions for around 56.79 million shares, representing approximately 98.77% of the offering and a total value of EGP 56.79 million.

Subscription orders in the second phase reached around 327.87 million shares, valued at approximately EGP 331.15 million. The remaining shares were oversubscribed by approximately 466.76 times, resulting in an allocation ratio of around 0.21428%.

Following the completion of both phases, the total number of allocated shares reached 57.5 million, covering the capital increase in full.