The Securities Registration Committee decided to register shares to increase the issued and paid-up capital of the Egyptian Chemical Industries Company - KIMA from 5.93 billion pounds to 9.93 billion pounds, an increase of 4 billion pounds.
The Stock Exchange explained in a statement today, Wednesday, 7/17/2024, that the increase is distributed over 800 million shares with a nominal value of 5 pounds per share, in addition to 5 piasters issuance expenses per share, paid through cash subscription by old shareholders and credit balances due to shareholders.