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Cancellation of Treasury Shares

26th Aug 2009 14:39

RNS Number : 0462Y
EFG-Hermes Holdings SAE
26 August 2009
 

 

 

 To RNS

Cancellation of Treasury Shares

Further to EFG-Hermes Holding Company's Extraordinary General Assembly Meeting's resolution on 7th April 2009 approving the cancellation of 5,150,000 shares (only five million one hundred and fifty thousand shares) representing treasury shares, please note that the Listing Committee in the Eqyptian Stock Exchange has approved the cancellation of shares. Accordingly, as of the trading session on Thursday 27th August 2009 the following will take effect.

1. EFG-Hermes issued capital to be decreased from EGP 1,939,320,000 9 EGP one million nine hundred and thirty nine million and three hundred and twenty thousand only) to EGP 1,913,570,000 (EGP one million nine hundred and thirteen million and five hundred and seventy thousand only) through cancellation of 5,150,000 shares (only five million one hundred and fifty thousand shares) representing treasury shares;
2. Total outstanding shares (issued and paid-in) to become 382,714,000 shares (three hundred and eighty two million seven hundred and fourteen thousand shares) with a par of EGP 5/share.

 

From

Dina Al-Sonbaty Head of Corporate Strategy and Investor Relations [email protected]

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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