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Listing the Shares of City Trade Securities And Brokerage (CTSB.CA) (NILEX Market)

The Listing Committee held on 08/03/2017 has approved to list the shares of City Trade Securities and Brokerage, the company’s issued capital is EGP 27 million, distributed over 270 million shares at a par value of EGP 0.10 per share, to be listed on EGX Boards (Nilex Market), according to the ruling of the Administrative Court on the first circle, dated 24/01/2017, in case No. 53467. The company has a six months grace period starting from the listing date to fulfill the rest of the Listing Rules, placement requirements. Shares of the company will be added to EGX database starting 09/03/2017. Taking into consideration that it should not be traded till the issuer company fulfills the following, during the period mentioned above :- o The company should submit the disclosure report concerning its share placement on the approved form, together with a study for the fair value of its share prepared by an independent financial consultant to be approved by the company's auditor and its Board of Directors, the related No Objection Certificate (NOC) from EFSA, all to be published on EGX trading terminals and website, after the approval of the Listing Committee. - Submitting the listing contract that organizes the relation between the Issuer Company and EGX, signed by the company’s legal representative. - Updating the listing documents, forms and placement plan. - Submitting a valid contract signed by a nominated advisor. - Submitting a commitment from its legal representative to adhere all the amendments of the Listing Rules and its Executive Regulations. During such a grace period, trading on the shares of the company should not be carried out for any reasons except for the fulfillment of the above-mentioned conditions. In case the issuer company did not adhere the above-mentioned commitments, listing the share of the company should be considered as if it never took place.

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