Egypt's EGX approves dual listing of Integrated Diagnostics Holdings

The company’s capital will be distributed over 600mln shares

  
Ultras soccer fans gather outside the Egyptian Exchange (EGX) during a rally to demand justice for 74 people killed in a stadium stampede last year, in downtown Cairo Image used for illustrative purposes

Ultras soccer fans gather outside the Egyptian Exchange (EGX) during a rally to demand justice for 74 people killed in a stadium stampede last year, in downtown Cairo Image used for illustrative purposes

Cairo –  The Egyptian Exchange’s (EGX) listing committee approved the dual listing of the shares of Integrated Diagnostics Holdings (IDH) with an issued capital of $150 million.

The company’s capital will be distributed over 600 million shares at a nominal value of $0.25 apiece, the EGX said in a statement on Wednesday.

Shares will be listed five days after the date of the publication of the listing request under the ticker symbol “IDHC.CA”.

In March, IDH received the Financial Regulatory Authority’s (FRA) approval for the dual listing of the company’s ordinary shares on the EGX.

Source: Mubasher

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