Optional Delisting of Bisco Misr from Egyptian ExchangeToday

The Listing data of Bisco Misr (BISM) is to be removed from Egyptian Exchange’s database on Tuesday 28 July, 2015.

EGX’s listing committee, that was held on July 22, 2015, approved Bisco Misr (BISM) to conduct the procedures of optional delisting according to article number 55 from listing rules.

The committee also added that the company listing data will be removed from the database after the operation of purchasing from creditors pledges and shareholders who interest to sell has been executed actually.

The company’s issued capital is LE92 million and the optional delisting will include 11.500.000 shares at a nominal value of LE8 per share.

Source: EGX

Leave a comment