Cairo – Mubasher: The Egyptian Exchange (EGX) gave a nod to listing the post – capital increase shares of El Dawlia Fertilizers and Chemicals that amount to EGP 15 million.
The issued capital of El Dawlia Fertilizers increased from EGP 30 million to EGP 45 million, distributed across 7.5 million shares.
The capital increase will be financed from the company’s shareholders’ share in the dividends for the fiscal year ended 31 December 2015.
Following the capital hike, the company’s total shares will be 22.5 million shares and will be listed as of Thursday 27 October.
