Egyptian dairy producer Domty to start bourse trading on Dec 29

The Listing Committee of EGX approved the initial listing of Arab Food Industries Co. (Domty)  that will start from the trading session of December 29, 2015.

Domty is to trade in Egypt’s stock with issued capital estimated at 50 million Egyptian pounds (US$ 6.3 million).

Domty capital is distributed over 250 million shares, at nominal value of LE20 per share, represented in 7 issuances, the EGX announced.

EGX added the company will be initially listed starting from trading session of December 29, 2015.

EGX confirmed Domty shares won’t be traded till the company finalizes its final procedures of listing.