Cairo – Mubasher: The Egyptian Exchange’s (EGX) listing committee approved the listing of shares of Iron and Steel for Mines and Quarries, the spinoff company of the Egyptian Iron and Steel (Hadisolb).

The company’s shares will be listed with an issued and paid-up capital of EGP 195.374 million distributed over 976.872 million shares at a nominal value of EGP 0.2 apiece, the EGX said in a statement on Wednesday.

Shares will be listed under the ticker symbol “ISMQ.CA” at the end of Thursday’s trading session, 27 May.