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Banque du Cairo's Public Offering Oversubscribed 27 Times with Orders Exceeding 9.2 Billion Shares

Banque du Cairo's Public Offering Oversubscribed 27 Times with Orders Exceeding 9.2 Billion Shares

Cairo – Mubasher: The Egyptian Exchange (EGX) management announced the results of the public offering of Banque du Cairo's shares, following the expiration of the designated period for registering buy and sell orders.

A disclosure issued by the EGX stated that the total quantities of buy orders (initial quantity) registered in the private deals market amounted to approximately 9,290,879,360 shares.

This resulted in an oversubscription of the public offering by approximately 27 times.

Sourceالخبر الأصلي على موقع مباشر — أخبار البورصة المصريةmubasher.info

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