Vertika for Industry trade (VERT)

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News

9 April 12:09 PM Vertika‘s board approves EGP 1.5m capital raise

Cairo - Mubasher: The board members of Vertika for Industry and Trade Company greenlighted increasing its capital to EGP 6.68 million from EGP 5.13 million through bonus shares. The company will raise the capital by EGP 1.54 million, which will be …

Management Decisions

18 July 2022 07:03 PM Vertika’s Chairman resigns, Salama succeeds

Cairo – Mubasher: The board of Vertika for Industry & Trade Company has approved the resignation of the company’s Chairman, Khalil Mohy El-Din Khalil Kandil. Meanwhile, the listed company appointed Kamel Mogeeb Kamel Salama as the new Chairman, …

Board of Directors

19 June 2016 00:02 PM Vertika Oks EGP 8m give-and-receive contracts

Cairo – Mubasher: The ordinary general meeting of Vertika Programming approved entering into three commutative contracts worth EGP 8 million in the fiscal year 2016, according to a bourse filing. The three contracts will be signed with Kandil …

Companies Investments

17 May 2016 00:39 PM Vertika Programming Q1 losses widen 233%

Cairo – Mubasher: Vertika Programming posted a net profit of EGP412,370 ($46,580) in the first quarter of 2016, according to a bourse filing. Thus, the quarterly earnings rose 232.65% year-over-year from EGP123,970. According to its standalone …

Financial Results

19 May 2015 11:14 AM Vertika sets allotment ratio for phase 2 in rights issue

Cairo – Mubasher: Vertika Programming announced that the second phase in its rights issue was over-subscribed by 1955.63%, with 5.114% allotment ratio, according to the company’s bourse filing posted Tuesday.A total of 57,058 shares were offered …

Initial Public Offerings

22 April 2015 00:22 PM Vertika rights issue covered 95.15% in 1st phase

Vertika Programming rights issue was covered by 95.15% in the first phase, after a total of 1.12 million shares were subscribed to.Nearly 57,100 shares are remained unsubscribed, said the company in a bourse statement.The company suffered EGP …

Company News

8 February 2015 03:46 PM Vertika rights issue 93% subscribed

Vertika Programming announced that its rights issue to raise issued capital was subscribed by 93.23% in the first phase. The Egyptian Financial Supervisory Authority (EFSA) had initially approved a request from the company to invite shareholders …

Corporate Actions

29 December 2014 10:22 AM Major events on EGX for Monday

Investors anticipate the following events about some EGX listed companies on Monday, Dec. 29:-    Start of Atlas for Land Reclamation secondary offering to increase issued and paid-in capital from EGP 20 million to EGP 60 million. Shareholders of …

Company News

17 August 2014 02:28 PM Vertika Programming swings to loss in H1-14

Vertika Programming Co. has logged EGP 444 thousand net loss for H1-14, against EGP 270.2 thousand net profit in the same period a year earlier.The company’s H1 standalone financial results showed EGP 439.4 thousand net loss, versus EGP …

Company News

31 July 2014 11:35 AM Vertika EGM endorses capital hike to EGP2.4 mln

In an extraordinary general meeting held on Sunday, shareholders of Vertika Programming Co. approved the increase of issued and paid-in capital by EGP 1.176 million to EGP 2.353 million from EGP 1.176 million. Shareholders also gave a nod …

Corporate Actions