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Commercial International Bank (Egypt) (COMI.CA) Cash Capital Increase

CIB COMI -4.30% 74.20 -3.33
The Listing Committee held on 26/04/2016 has approved the capital increase for Commercial International Bank (Egypt), from LE 11,470,602,970 to LE 11,538,660,000, the LE 68,057,030 capital increase is paid in cash, representing the 7th tranche that allocated for the bank?s Employee Stock Ownership Plan (ESOP), distributed over 6,805,703 shares at a par value of LE. 10 per share. These new shares will be added to the EGX database effective 28042016 trading session. Source: Commercial International Bank (Egypt)

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