Last checked at 14 Feb 2022 07:00
Summary of Resolutions for the Board of Directors Meeting Held on 10/02/2022
Cairo, February 13th, 2022: EFG Hermes S.A.E. Board of Directors convened on Thursday 10/02/2022 at 3:30 p.m. (CLT), and:
The Board of Directors (the "Board") of EFG Hermes Holding S.A.E. ("EFG Hermes" or the "Company") met to discuss the non-binding offer ("NBO") submitted by First Abu Dhabi Bank ("FAB") to launch a Mandatory Tender Offer for a minimum of 51% of the share capital of the Company in accordance with the Capital Market Law and its executive regulations.
The Board decided to proceed with appointing an international financial adviser and an Egyptian law firm to advise the Company on this potential transaction.
All developments in connection with this potential transaction will be promptly disclosed to the market.
For further information:
Investor Relations Department
Email: investor-relations@efg-hermes.com
Tel: +20 (0)2 35356710
Fax: +20 (0)2 3535 7017
Head of Investor Relations - Hanzada Nessim
Email: hnessim@efg-hermes.com
Tel: +20 (0)2 35356502
Fax: +20(0)2 3535 7017
www.efg-hermes.com