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Orange Egypt readies for rights issue

Thursday 14 December 2017 | 15:43 CET | News
Orange Egypt has published a Public Subscription Notice in connection with the proposed rights issue approved by shareholders on 04 December in accordance with the Financial Regulatory Authority's (FRA) requirements. Orange intends to issue up to 1.54 billion shares in connection at the nominal price of EGP 10 per share, to raise a total of EGP 15.40 billion.

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Categories: Mobile & Wireless
Companies: Orange Egypt
Countries: Egypt
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