CI Capital Holding for Financial Investments announced the dismantling of the frozen shares of the main shareholders of the company, two years after the date of the offering on the Egyptian Stock Exchange, and the list of major shareholders Mahmoud Yahya Al-Gammal, the owner of 23.7 million shares, Global Holding Group with 46.3 million shares, Ismail Bin Ali bin Ismail Turki with 28.9 million shares, Commercial International Bank with 31.3 million shares, Fahd Muhammad Khater with 18.6 million shares, Yasser Faruq Al-Adawy with 17.4 million shares.
The seventh item of Article Seven of the registration rules stipulates that the main shareholders are required to hold a percentage of not less than 51% of the total shares owned by them in the capital of the company and at least 25% of the total shares of the company, and if the total shares held accordingly decrease its percentage 25% of the total issued share capital of the company. The remainder of the contributions of the members of the board of directors, the founders of the company and other shareholders of the company shall be completed for a period of not less than two fiscal years from the date of the stock exchange.
The company stated, in its statement to the Egyptian Stock Exchange, today, Wednesday, that the period of freezing the shares of the main shareholders for two years in accordance with the registration rules ended on April 30, 2020, given that the date of the offering on the stock exchange was on April 30, 2018, adding that the Egyptian Company for Clearing, Depository and Central Registry was addressed In order to dismantle the frozen shares accordingly, Egypt has already sent to the clearing a letter to the company stating that the shares have been frozen to shareholders.
CI Capital Holding for financial investments achieved a net profit during the past year of 621.15 million pounds, compared to 425.31 million pounds in 2018, and the company’s revenues increased in 2019 to 2.291 billion pounds, compared to 1.737 billion pounds in 2018.
– .
