The transaction covers 6.8625 billion shares. The initial trading reference price is EGP5.30 per share. Information from broker Okaz, reproducing the market notice, agrees on the start date and reference price.
A stabilisation mechanism is scheduled to run from 2 November to 1 December for public-offer investors, subject to its applicable terms. This mechanism does not guarantee a rising share price. Gains reported in the opening minutes should be distinguished from the session’s closing performance.