OTMT To Pay EGP 1.05/Share Dividend Thursday

Orascom Telecom Media and Technology Holding (OTMT.CA) will pay today, Thursday, July 19, 2012, dividend No. 1, at EGP 1.05 a share, to shareholders of record till close of trading on the general meeting date.

The payment will be effected via Misr for Central Clearing, Depositary and Registry (MCDR).

The company’s ordinary shareholder meeting approved the dividend payment, to be financed from realized retained earnings till June 7th. Accordingly, shareholders’ share in profit will reach EGP 5.508 billion.