The Egyptian Stock Exchange announces coverage of the IPO of association member Digitize Company about 14 times

The Egyptian Stock Exchange administration announced that the total quantities of purchase orders (initial quantity) registered in the private deals market on Digitize Investment (a member of the Egyptian African Businessmen Association) and Technology amounted to 16.7 million shares.

The Egyptian Stock Exchange management stated in a statement today that the offering coverage ratio amounted to approximately 14 times.
The Egyptian Stock Exchange had previously announced the opening date for subscription to the Digitize offering by registering orders with brokerage companies in the private deals market during the period from October 1 to the 15 of the same month.

She indicated that the minimum order is 100 shares, not exceeding the quantity offered, at a price of 4.26 pounds per share.

The company works in the field of supplying, installing and operating communications, information technology and data network devices, maintenance and laying of their cables, as well as in trading, importing and exporting communications devices, data transmission and light current solutions, renting warehouses and cars for rent and logistical work related to shipping, transport, storage and outsourcing in the field of information technology.

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