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Ahli United Bank has launched today an initial public offering (IPO) of the 259946 shares which were unsubscribed in the first stage of increasing capital for old shareholders, who acquired the shares till the end of the session on March 22nd 2012 with no determined percentage of shares.
The second stage of the IPO will end on June 3rd. The offers will be received by AUB’s branches.
AUB’s issued capital is EGP 600 million distributed over 60 million shares at a par value of EGP 10 per share.
