ICEC

Citadel in Potential Partnerships Talks to Build Mashreq’s Project in Port Said

Citadel Capital (CCAP.CA), the leading investment company in Africa and the Middle East with US$ 9.5 billion in investments under control, issued today the following statement:

Citadel Capital is in non-exclusive negotiations regarding potential partnerships to build and operate a storage and bunkering terminal in Port Said, Egypt, for core platform company Mashreq.

In the event that Citadel Capital should choose a partner with whom to build and operate such a facility via Mashreq, it will promptly disclose the existence of any such agreement in accordance with the disclosure regulations of the Egyptian Exchange (EGX).

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