The Securities Registration Committee of the Egyptian Stock Exchange decided, in its session held yesterday, Tuesday, to approve the recording of the nominal split of the shares of the Arab Investment Forum, Universal for Packaging and Paper Materials Industry - Unipack, Nozha International Hospital.
The committee specified that the nominal value of the share of the Arab Forum for Investments was recorded from 10 pounds to 1 pounds per share, so that the issued and restricted capital of the company amounted to 300 million pounds distributed over 300 million shares instead of 30 million shares at a nominal value of 1 pounds per share. The one represented in four issues, in the listing of Egyptian securities “shares”, and the share will be divided by 10 shares for each share held by the bearer of the share until the end of the trading session on Sunday, May 9th, provided that the company's shares will be traded after Retail effective Monday 10 May.
The registration committee agreed to record the division of the nominal value of the share of Universal Company for the manufacture of packaging materials and paper - Unipack from one pound to 0.10 pounds per share, so that the company’s issued and restricted capital of 77 million pounds will be divided into 770 million shares instead of 77 million shares. With a nominal value of EGP 0.10 per share, represented by 9 issues, in the schedule of listing Egyptian securities "shares". The stock split was determined at 10 shares for each share to be the holder of the buyer of the share until the end of the trading session on Sunday, May 9th, provided that The company's shares will be traded after the split, starting Monday, May 10.
The committee also agreed, on the part of the nominal value of the share of the Nozha International Hospital Company, from 6 pounds to one pound per share, so that the issued and restricted capital of the company amounting to 84.4 million pounds distributed over 84.4 million shares instead of 14.1 million shares with a nominal value of one pound per share, representing In 11 issues, in the listing of Egyptian securities “shares”, the stock was divided by 6 shares for each share held by the bearer of the shareholder until the end of the trading session on Monday, April 26, provided that trading on the company's shares will take place after the split as of Tuesday, April 24. .
And it agreed to register the increase of the authorized capital of the Nozha International Hospital Company from 90 million pounds to 525 million pounds, and to register the shares of increasing the issued and paid-up capital of the company from 84.4 million pounds to 105.5 million pounds, an increase of 21.1 million pounds distributed over 21.1 million shares (by 0.25 free shares for each original share before the increase) with a nominal value of EGP 1 per share funded from the shareholders' share in the retained earnings according to the financial statements on 12/31/2020.
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