MNT-Halan Plans 350 Million-Share Offering on Egyptian Exchange in October

MNT Tech Holding for Financial Investments has announced plans to offer a portion of its shares on the Egyptian Exchange, with 350 million shares set to be offered during October.

The planned transaction will include both a public offering and a private placement in the secondary market.

The shares will be offered by MNT Investments B.V., the company’s principal shareholder. The transaction is therefore structured as a sale of existing shares rather than an issuance of new stock.

The announcement outlines MNT-Halan’s plans to enter the market but does not specify an offer price or how the shares will be divided between the public offering and private placement.