News Details
Orange Egypt For Telecommunications (OREG.CA) Capital Increase (Rights Issue)
The Listing Committee held on 27/02/2018 has approved to list the increase of the Issued & Listed capital of Orange Egypt For Telecommunications Company, from EGP 1,000,000,000 to EGP 16,320,723,540.
The EGP 15,320,723,540 capital increase is through rights issue for the company’s existing shareholders (via rights issue for the company's existing shareholders and the credit balances of one of the company’s shareholders) distributed over 1,532,072,354 shares at par value of EGP 10 per share.

This new shares will be added to the EGX database effective 05\03\2018 trading session.

Taking into consideration that the rights issue of the company were traded separately during the period from 27\12\2017 until the end of 22\01\2018 trading session.
The Listing Committee has also approved to list the increase of the company's authorized capital from EGP 3 billion to EGP 20 billion.