June 29: listing Alexandria Medical Center shares of capital increase

Updated 6/16/2016 8:25:30 AM

Arab Finance: The Listing Committee held on Wednesday 15/06/2016 approved listing the issued and paid capital increase of Alexandria New Medical Center (AMES) from LE48,400,000 to LE53,240,000, with increase amounting to LE4,840,000, through free stocks.

Capital hike will be distributed over 605,000 shares at nominal value of LE8 per share, funded from shareholders’ stake according to net profits of 2015.

The capital increase will be through 0.10 free stock for every existing one held before increasing capital to shareholder as of record on 29\06\2016 .

Shares will be available for trading effective on 30\06\2016 trading session.

Source: EGX & Finance editor

 

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