Beltone concludes listing procedures of the Rights Issue’s shares. Trading to commence tomorrow
Beltone Financial Holding one of the fastest-growing investment banks, announces the successful completion of all legally required procedures to issue and list 5,000,000,000 ordinary shares of its EGP10,000,000,000 Rights Issue, in accordance with applicable laws and regulations. Trading will commence tomorrow, July 27, 2023.
Following the completion of two subscription rounds to the Company’s Rights Issue, Beltone concluded all legal procedures and obtained the required regulatory approvals to issue and list the shares with Misr Clearing Company for Central Depository and Registry and the Egyptian Stock Exchange.
The Company’s issued and paid-up capital currently stands at EGP10,926,957,496 distributed over 5,463,478,748 shares.
Beltone Financial Holding offers a comprehensive and growing set of financial solutions such as brokerage, investment banking, asset management, equity research, and private equity, in addition to end-to-end non-banking financial institutions (NBFIs) including leasing, factoring, consumer finance, venture capital and microfinance.
The Company is driven by a vision to redefine the financial ecosystem in the region by capitalizing on global expertise, knowledge and disruptive, value-accretive solutions that unlocks limitless opportunities for clients, to drive market value and impactful results.
