Cairo – Mubasher: The Egyptian Exchange (EGX) management announced the opening of the Special Order Market (OPR) to record purchase orders for the public and private offering of Banque du Caire's shares, with a maximum of 4.575 billion shares representing 30% of the bank's total issued capital.
According to a disclosure to the EGX today, it was decided to open the Special Order Market as follows:
First Tranche (Private Placement):
Up to a maximum of 4,346,250,000 shares (95% of the total offering, and 28.5% of the capital), at a price ranging between a minimum of EGP 4.82 and a maximum of EGP 5.30 per share.
Orders will be received starting today, October 19, until October 23, 2026, with a minimum financial solvency requirement of (EGP 5 million for individuals and EGP 10 million for institutions).
Second Tranche (Public Offering):
Up to a maximum of 228,750,000 shares (5% of the total offering, and 1.5% of the capital), at an indicative price of EGP 5.30 per share, with orders to be received from October 19 until October 28, 2026, for a minimum of 100 shares.
It clarified that the final offering price will be announced based on the results of the Book Building mechanism by Monday, October 26, 2026, at the latest.
