On April 15th, the company's extraordinary general meeting (EGM) ratified the capital increase from EGP 530,937,870 to EGP 557,484,765.
It approved increasing issued and paid-up capital by EGP 26,546,895. The increase will be distributed over 5,309,379 shares at par value of EGP 5 per share.
Reacap, formerly Recap Holding, is an Egypt-based company engaged in the provision of portfolio and fund management services.
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