19-06-2025
Source: EGX
The listing committee held on 18/06/2025 has approved the following:
• Listing the shares SOLARSOL For Energy (temporary listing) with an issued capital of EGP 25 Million distributed over 250 Million shares with a nominal value of EGP 0.10 per share represented in two issuances in the Egyptian Securities Listing Board (Shares) – “Nilex Market”, in accordance with Articles (1 bis), (6), (9), (18) and (19) of the rules for listing and delisting securities on the Egyptian Exchange.
• The company is committed to fulfill the items (1, 2, 3) of Article (9) of the Listing Rules and complete the registration procedures with the Financial Regulatory Authority (FRA) in accordance with the rules determined by the Board of Directors of the Financial Regulatory Authority (FRA), also applying to the (EGX) to execute the offering on its shares within six months from the date of temporary listing.
• In all cases, the companys shares shall not be traded during the period from the date of the temporary Listing until the start of trading of these shares (after the offering), except with the approval of (FRA). The temporary Listing shall be deemed as if it did not exist , in case of the company does not implement its share offering and fulfill the conditions and requirements for final listing within six months from the date of temporary listing.
• The said deadline may be extended with the approval of (FRA) in cases it deems appropriate based on the justifications and time plan that submitted by the company.
• The company must adhere, throughout the temporary Listing period to the obligations stipulated in clauses (1 to 4) of Article (48) of the listing rules.
• The main shareholders or their replacements from among the remaining shareholders in the company shall commit to lock-in
a percentage of not less than 51% of the total shares they own in the company’s capital and not less than 25% of the total issued and listed shares of the company , until the actual implementation of the company’s future plan and the transition to the main market, without prejudice to the provisions relating to the locked-in shares stipulated in Clause (8) of Article (9) of the Listing and Delisting Rules , as a minimum condition for the locked-in shares.
• The company’s shares shall be added on the EGX’s database under the sector of " Energy and Support Services” as of Thursday 19/06/2025 trading session.
• Trading on the security will not commence until the company fulfills clauses (1, 2, 3) of Article (9) of the listing rules and completes the registration procedures with the FRA.
EGX30
Declining : Advancing 2.67 : 1
shares
Sector Name | T/O (EGP Mn) | Mkt % |
Financial Services & Electronic Payments | 1,857.52 | 35.72 |
Food and Beverage | 893.25 | 17.18 |
Real Estate and Hotels | 673.68 | 12.95 |
Industrial, Construction and Materials | 626.08 | 12.04 |
Consumer Discretionary | 315.32 | 6.06 |
Transportation, Shipping and Logistics | 206.42 | 3.97 |
Healthcare and Pharmaceuticals | 161.15 | 3.10 |
Banks | 149.66 | 2.88 |
Technology, Media and Telecom | 104.96 | 2.02 |
Chemicals | 96.74 | 1.86 |
Other | 48.52 | 0.93 |
Energy | 46.71 | 0.90 |
Education | 20.81 | 0.40 |