Egyptian Exchange Receives Al Amal Al Sherif Plastics Listing Application

The Egyptian Exchange has received an application to list the shares of Al Amal Al Sherif for Plastics on its main market, with capital of EGP 796.3 million.

The exchange announced that the company is seeking admission to the Egyptian securities listing register for shares.

The application concerns a main-market listing. The announcement confirms receipt of the request, rather than approval for the company’s shares to begin trading.

The brief disclosure did not provide a timetable for a listing decision or a potential trading debut. It also gave no details of any share offering associated with the application.