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Release From Commercial International Bank (Egypt) (COMI.CA) Concerning A Lawsuit

CIB COMI -2.63% 75.49 -2.04
Company Name : Commercial International Bank (Egypt) ISIN Code : EGS60121C018 Reuters Code : COMI.CA Content: Referring to the announcement published on trading screens regarding Release from the bank stating that the parties of CI Capital transaction have agreed to extend the duration of the transaction until 26/05/2016, Letter from EFSA concerning an offer from Beltone Financial Holding Also  the bank release the bank stating that the Egyptian Court of Cassation has ruled its final verdict in favor of CIB regarding the appeal number 9565 for Judicial Year 85, appealing the verdict number 550 for Cairo Economi Judicial Year 4, which obliged Commercial International Bank to submit a Mandatory Tender Offer for the claimants shares? in CI Capital.

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