Efg-hold.gdr S Regulatory News (EFGD)

13 Mar 2006 07:00

EFG-Hermes Holdings SAE12 March 2006 EFG Hermes Holding Company S.A.E. According to the resolution of the Board of Directors of EFG Hermes HoldingCompany S.A.E., dated 31/12/2005; as approved by the Extraordinary GeneralShareholders Meeting dated 2/2/2006, to increase the issued capital from L.E.485,370,050 to L.E. 1,456,110,150; by issuing 194,148,020 shares at a nominalvalue of L.E. 5 per share in a second phase and as the Company completed theprocedures of the first phase of the increase of the issued capital through aprivate placement from L.E. 405,370,050 to L.E. 485,370,050 by issuing16,000,000 shares. The Board of Directors of the Company is honored to invite all shareholders tosubscribe to the shares of the second phase of the abovementioned increase ofthe issued capital, pro rata to the percentage of shareholding with a formula oftwo new shares for each existing share according to the conditions set forth inthis advertisement. Subscription Conditions: 1. Shareholders as at the end of the trading session of 12/3/2006 shall have the right to subscribe to the shares of the increase of capital pro rata to their shareholding with the formula of two new shares for each existing share. 2. Payment shall be made during the subscription period mentioned hereinafter. 3. Payment shall be made in Egyptian Pounds to the Subscription Bank. 4. The value of the share shall be L.E. 5 per share. 5. Issuance Fees : None Company's Name:EFG Hermes Holding Company S.A.E. Head Office:58 Tahrir Street, Dokki, Giza Legal Form:Joint stock company incorporated and existing under Law No. 95 for 1992. Type of Shares to Be Issued:Nominal cash ordinary shares Commercial Registration:64214-Giza, issued on 2/4/1884 Purpose of the Increase:Financing acquisition transactions and expansions in the Company's regional activities. Date of Opening Subscription:19/3/2006 Date of Closing Subscription Period:18/4/2006 It is possible for the subscription period to be closed prior to the set closingdate if the total number of shares are fully subscribed to (all shareholderssubscribe). However, if at the closing date there is an unsubscribed portion,this portion shall be offered to existing shareholders through another noticewhere they shall be allowed to subscribe to any number of shares they wish. Atthat point allocation will be based on the percentage of shares subscribed to,to the portion still available for subscription. Subscription Bank:Arab African International Bank, with its following branches:Heliopolis Branch located at 24 Cleopatra StreetArd El Golf Branch located at 13 Tag El Din El Sobky StreetMarghany Branch located at 140 Marghany StreetRoxy Branch located at 6 Botros Ghali StreetKasr Al Aini Branch located at 28 Ibrahim Nagib Street, Garden CityMohandessin Branch located at 48 Gezirat Al Arab Street, MohandessinCairo Branch located al 44 Abd El Khalek Sarwat StreetNadi Al Siad Branch located at 21 Nadi Al Said Street, DokkiMaadi Branch located at Street No. 9, Maadi Palace BuildingAlexandria Branch located at 73 Engineer Ahmed Mohamed Ismail Street, Wabour Al MiahSubscriptions shall be received as of 8:30 A.M. to 8:00 P.M. Documents Requested for Subscription:1. Photocopy of identity card for natural persons or commercial registration for juristic persons.2. Statement of account for each shareholder issued by the relevant custodian evidencing ownership of the shares at the subscription date as per the Item 1 of the Subscription Conditions here 3. An undertaking issued by brokerage companies participating in the increase on behalf of their clients confirming the validity of information stated in the subscription application. Chairman & CEO Co-Chairman & CEOYasser Al Mallawany Hassan Heikal This information is provided by RNS The company news service from the London Stock Exchange