Home The WatchIndices news Al Arafa Capital Increase Free Stocks Last Date, Tuesday

Al Arafa Capital Increase Free Stocks Last Date, Tuesday

by Yomna Yasser

The Egyptian Exchange’s Listing Committee held on 17/10/2012 approved listing the issued capital increase shares of Al Arafa For Investment and Consultancies – (AIVC.CA) from $ 62.7 million to $ 94.05 million, amounting to $ 31.35 distributed over 156.75 million shares at a par value of $ 0.20 per share (representing the 6th issue). Shares shall be available for trading effective on 31/10/2012 session.

Shareholders as of 30/10/2012 are entitled to free stocks distribution (0.5 free stocks for every existing 1 share held).

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