(2015-08-03) Today: End of selling Emaar Misr’s IPO stocks in OPR market Emaar Misr for Development (EMFD) annnounced that stock stability is scheduled to end by end of session August 3, 2015, according to offering documents.
Emaar Misr released in a statement sent to EGX, stock stability period started from the first day of Emaar trading and will extend for 30 days, to last by end of trading session August 3, 2015, with execution price of stock amounting to LE3.80, and will be executed according to pro-rata between bids and asks.
It is not allowed, after this date August 3, 2015, to request the company to purchase any of the stocks, even asks quantity doesn’t exceed the required amount.
