Cairo – Mubasher: The Egyptian Exchange (EGX) has given approval to the Integrated Diagnostics Holdings (IDH) to start trading on the market as of Thursday, 20 May, at an opening price of EGP 3.94, equivalent to its nominal value of $0.25.
Shares will be traded in the first session up to a maximum limit of $17.25 apiece, based on the average stock price in the London Stock Exchange (LSE) for the last five sessions, the EGX said in a statement on Wednesday.
Earlier in May, the EGX’s listing committee approved the dual listing of the shares of IDH with an issued capital of $150 million, distributed over 600 million shares.
