The EGX stated in a statement, Thursday, that the buy and sell orders for the issued company’s shares expired today.
Orders reached 89.11 million shares, exceeding the the allocated total number of the offering which is 66.5 million shares.
EGX clarified in a filing that the public offering registered LE76.06 million through 5.06 million shares, and the private offering amounted to LE 1.6 billion through 96.18 million shares.
This came during the opening of Thursday’s session when the trading on the shares started.
BPE investments’ initial public offering (IPO) was oversubscribed 84.4x by the end of Monday’s session.