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April 4, 2025 03:27


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News


(2017-06-18) EGX reviews Porto Group capital hike documents      
EGX administration announced on June 15, Porto Group (PORT) has submitted its listing shares documents to increase issued capital to LE501,549,911 from LE455,954,464 with increase amounting to LE45,595,446. The capital hike will be distributed over 455.954.466 shares at a nominal value of LE0.10 per share. The capital increase will be through the distribution of one free stock for every existing ten held. It is worth to mention, the capital hike will be financed from profits of financial results ending 2016. EGX added the documents will be reviewed to be presented to the listing committee.