Last checked at 12 Sep 2013 09:08
TRANSLATION FROM ARABIC
Bonus Shares Distribution
Cairo, Thursday 12/9/2013:
After receiving the relevant regulatory approvals, EFG Hermes S.A.E. announces the following:
First: The decrease of the Company's issued capital from EGP 2,391,473,750 to EGP 2,389,518,750 through retiring 391,000 of treasury shares worth EGP 1,955,000 retained for more than a year effective Tuesday 24 September 2013.
Second: The increase of the Company's issued capital from EGP 2,389,518,750 to EGP 2,867,422,500 with an amount of EGP 477,903,750 by issuing 95,580,750 bonus shares as per the AGM and EGM resolutions held on 7 July 2013 and 25 July 2013 respectively. This increase will be financed from the shareholders' share in the retained earnings and the net profit as presented in the financial statements for the year ended December 31, 2012.
The distribution of one bonus share for every 5 shares held by each shareholder is effective as of 30 September 2013 (the "Ex-date") with Record Date on 2 October 2013.
For further information:
Investor Relations Contacts
Tel: +20 (0)2 35356710
Fax: +20 (0)2 3535 7017
Email: investor-relations@efg-hermes.com
www.efg-hermes.com