(2014-11-27) Univert Food Industries rights issue 94.4% covered Univert Food Industries (UNFO) managed to raise LE19.27 million out of the targeted LE20.4 million through the rights issue which opened on Oct 26 and closed on Nov 24.
A total of 19.271 million shares were taken up by investors against 20.4 million shares offered, which represents 94.47% subscription.