Foreigners acquire 75-80% of the Macro Group private offering

Thu, 10 Feb 2022 - 03:36 GMT

Macro Group for Pharmaceuticals Company’s (Macro Capital) public and private offerings on the Egyptian exchange (EGX) were implemented with a total value of LE 1.28 billion.

EGX welcomes Macro capital on its main platform, 5.6K investors participated in offerings

Thu, 10 Feb 2022 - 03:01 GMT

This took place in the presence of Mohamed Farid Saleh, Chairman of the EGX, and a number of company leaders and work teams responsible for promotion and offering, as well as a number of representatives of parties related to the market.

Macro Capital's private, public offerings amount to LE1.28B

Tue, 08 Feb 2022 - 02:59 GMT

The EGX indicated in a statement, Tuesday, that the offering was implemented through 264.51 million shares, or 45.8 percent of the company's shares, at a price of LE 4.85 per share in two tranches (public and private).

Macro Capital's private offering oversubscribed by 102 times

Mon, 07 Feb 2022 - 04:40 GMT

The EGX indicated in a statement that the total quantities of purchase orders (initial quantity) registered in the private deals market amounted to 1.35 billion shares.

Macro Capital's private offering oversubscribed by 1.79 times

Thu, 03 Feb 2022 - 11:57 GMT

The company hopes that the total value of the public and private offerings will reach LE 1.3 billion.