Sigma Capital

06-08-2025

Today… Last chance to get Stock Dividend for Reacap Financial ‎Investments Company

Source: MIST

Reacap Financial Investments Company announces that, pursuant to the ‎decisions of the Ordinary General Assembly held on 03/26/2025 and the ‎Extraordinary General Assembly held on 06/30/2025, it has been decided ‎to increase the issued capital from (591,412,240 Egyptian pounds) to ‎‎(638,725,240 Egyptian pounds), an increase of (47,313,000 Egyptian ‎pounds), financed from distributable profits and in accordance with the ‎company's financial statements for the fiscal year ending on 12/31/2024, ‎and distributed over (9,462,600 free shares) at a nominal value of (5) ‎Egyptian pounds per share, distributed to the company's shareholders.‎
It has been decided to distribute free shares at a rate of (0.0800000351) ‎free shares for each original share of the company's shares before the ‎increase, for the holder and purchaser of the share until the end of the ‎trading session on Wednesday, corresponding to 06/08/2025‎
The free shares will be distributed starting Thursday, 07 /08/2025, taking ‎into account the rounding of the fractions valid for small shareholders ‎from smallest to largest until the stock is exhausted. This will be done ‎through the Misr for Central Clearing, Depository, and Registry Company, ‎following the approval of the Stock Exchange Listing Committee's decision ‎to increase the share capital.‎
The company's trade name has also been changed to Naeem Real ‎Estate Holding Group S.A.E.‎