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26 Jul 2012 09:45
EFSA Certifies Formally EFG Hermes Holding EGM Minutes, EFG Hermes to Call for Another EGM in The Near Future
The Egyptian Financial Supervisory Authority (EFSA) certified formally EFG Hermes's EGM minutes which was held on 2nd June 2012 and approved the QInvest deal. However, on the substance EFSA had certain reservations, which according to EFSA, it regarded as additional disclosure that should have been put to shareholders attention.
During the above mentioned EGM, EFG Hermes Holding reported to its shareholders the terms of the QInvest deal. However, the company would call for another EGM in the near future to provide additional disclosure (as requested by EFSA) in compliance with its policy of full transparency.
Investor Relations Contacts
Tel: +20 (0)2 35356710
Fax: +20 (0)2 3535 7017
Email: investor-relations@efg-hermes.com
www.efg-hermes.com
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