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Piraeus Bank Egypt will increase issued capital by EGP 225 million, to register EGP 1.463 billion, up from EGP 1.238 billion, through the issuance of 14.439 million shares at a nominal value of EGP 15.58 per share.
The existing shareholders have the right to subscribe in 18.17 % of their quota in capital before increase.
It is worth mentioning that subscription will be opened on 9th May 2012 till 10th June 2012.