Disclosure to EGX Regarding the Second Round of Qalaa's EGP 1.7 bn Capital Increase (Arabic Only)
10 September 2015 Download
Qalaa Holdings (CCAP.CA on the Egyptian Exchange), an African leader in infrastructure and industry, released today a disclosure to the Egyptian Exchange regarding the completion of the second round of the company's EGP 1.7 billion capital increase. The second round of this capital increase concluded yesterday, achieving a subscription rate of c. 64.7% of the total shares offered at a total value of EGP 1.1 bn across 220,000,000 shares, of which 1,738,649 are preferred shares and 218,261,351 are ordinary shares.
The conclusion of this capital increase brings the firm's total issued capital up to EGP 9.1 bn, up from EGP 8 bn.
The conclusion of this capital increase brings the firm's total issued capital up to EGP 9.1 bn, up from EGP 8 bn.