EGX announces limits of Delta for Printing’s price moves, trading halts

Updated 4/5/2020 5:22:36 PM

ArabFinance: The Egyptian Stock Exchange (EGX) announced the limits of a price move and trading halt downward for Delta for Printing & Packaging (DTPP) share at 23.72% and 19.48%, respectively, of the closing price of April-5th session.

The EGX's decision has come based on that the value of cash dividends is greater than the EGX's trading halts and less than its price move limits.

It is worth mentioning that the limits of trading halt and price move upward will be unchanged.

Delta for Printing decided to distribute cash dividends of EGP 1.50 per share payable on April 8th to shareholders recorded on April 5th.