EGX approves listing of Alex NMC’s capital increase shares

Updated 9/1/2021 1:13:00 PM

ArabFinance: The Listing Committee at the Egyptian Exchange (EGX) has approved the listing of Alexandria New Medical Center’s (Alex NMC) (AMES) capital increase shares, the EGX announced in a statement.

Alex NMC has increased its issued and paid-up capital to EGP 124.58 million from EGP 114.19 million by EGP 10.38 million distributed over 1.297 million shares at a par value of EGP 8 per share.

Accordingly, a 0.0909090-for 1 bonus share will be distributed as of Thursday, September 2nd, with the eligibility in distribution for shareholders until the end of September 1st’s trading session.

The eligibility in the distribution of the 0.0909090-for 1 bonus share will be for shareholders until the end of September 1st’s trading session.

The company’s shares after capital increase will be registered on the EGX’s database as of September 2nd, 2021’s trading session.

Alex NMC is an Egypt-based public shareholding company engaged in the provision of medical diagnostic and treatment services in various medical fields.

The company focuses on the operation of a hospital, which consists of a range of medical specializations, including gynecology, general surgery, and pediatrics, among others.