(2017-04-30) EGX okays delisting procedures of Orascom Development's EDRs The listing committee held today April 27, 2017, approved Orascom Development�Holding AG�(ODHN) to conduct the procedures of optional delisting for the company's Egyptian deposit receipts (EDRs)�according to�article number 55 from listing rules.
The free trading ratio of Orascom's EDRs reached�7.56940% from total EDRs, according to�Misr For Central Clearing, Depository & Registry.
The listing committee added the company deposit receipts will be removed from the database after the operation of purchasing from creditors pledges and shareholders who interest to sell has been executed actually.