{"id":564996,"date":"2021-03-11T13:37:44","date_gmt":"2021-03-11T13:37:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/idh-could-list-on-the-egx-within-two-months\/"},"modified":"2021-03-11T13:37:44","modified_gmt":"2021-03-11T13:37:44","slug":"idh-could-list-on-the-egx-within-two-months","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/idh-could-list-on-the-egx-within-two-months\/","title":{"rendered":"IDH could list on the EGX within two months"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Consumer healthcare giant IDH could go ahead with its dual listing<\/strong><strong> on the EGX <\/strong><strong>within <\/strong><strong>two months<\/strong>, <a href=\"https:\/\/alborsaanews.com\/2021\/03\/11\/1424408\">sources close to the matter told local media<\/a>. Earlier <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/60502ff9-66f9-4b0e-939d-b8d68cfe0863\">reports in Al Mal<\/a> had suggested that London-listed IDH could pull the trigger on its dual listing sometime in February, although the company <a href=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/idh\/Integrated-Diagnostics-Holdings-plc-EGM-Circular.pdf\">has only guided on a timeline of 1H2021<\/a>. IDH is the market leader in Egypt\u2019s diagnostics sector with the Al Borg and Al Mokhtabar brands, has diversified into radiology and has a strong presence in Jordan, Sudan and Nigeria. The company declined to comment on the report when we reached out earlier today.<\/p>\n<p><strong>It\u2019s unlikely the company will offer new equity for sale. <\/strong>IDH said in December that it would need to offer at least 5% of its shares on the EGX to retail or institutional investors to meet freefloat requirements. Shareholders also signed off on a 1 to 4 stock split. That doesn\u2019t mean a stock split is in the cards, as the company and its bankers could convince some existing holders of LSE-listed shares to transfer their stakes to the EGX.<\/p>\n<p><strong>Advisors:<\/strong> EFG Hermes and Renaissance Capital are quarterbacking the transaction, while White & Case, Clifford Chance and Ogier are counsel. Inktank is IDH\u2019s investor relations advisor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumer healthcare giant IDH could go ahead with its dual listing on the EGX within two months, sources close to the matter told local media. Earlier reports in Al Mal had suggested that London-listed IDH could pull the trigger on its dual listing sometime in February, although the company has only guided on a timeline [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":564997,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10060],"tags":[102,68,633,1406,78],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round-ipo-watch","tag-capital-markets","tag-egx","tag-enterprisepm","tag-integrated-diagnostics-holding","tag-ipo-watch","wpautop","entry"],"acf":{"mongo_id":"c6b4a9f2-1d15-4f8d-abca-d234c38c8d94","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/3\/448.jpg","photo_position":"above","related_issue":[564992],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IDH could list on the EGX within two months - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/idh-could-list-on-the-egx-within-two-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IDH could list on the EGX within two months\" \/>\n<meta property=\"og:description\" content=\"Consumer healthcare giant IDH could go ahead with its dual listing on the EGX within two months, sources close to the matter told local media. Earlier reports in Al Mal had suggested that London-listed IDH could pull the trigger on its dual listing sometime in February, although the company has only guided on a timeline [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/idh-could-list-on-the-egx-within-two-months\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-11T13:37:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/448.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/idh-could-list-on-the-egx-within-two-months\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/idh-could-list-on-the-egx-within-two-months\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IDH could list on the EGX within two months\",\"datePublished\":\"2021-03-11T13:37:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/idh-could-list-on-the-egx-within-two-months\/\"},\"wordCount\":217,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/idh-could-list-on-the-egx-within-two-months\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/448.jpg?fit=%2C&ssl=1\",\"keywords\":[\"capital markets\",\"EGX\",\"EnterprisePM\",\"Integrated Diagnostics Holding\",\"IPO watch\"],\"articleSection\":[\"SPEED ROUND: IPO WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/idh-could-list-on-the-egx-within-two-months\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/idh-could-list-on-the-egx-within-two-months\/\",\"name\":\"IDH could list on the EGX within two months - 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IDH had submitted the paperwork\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/284.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568173,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/idh-wants-to-list-on-the-egx-in-1h2021\/","url_meta":{"origin":564996,"position":1},"title":"IDH wants to list on the EGX in 1H2021","author":"enterpriseam admin","date":"21 December 2020","format":false,"excerpt":"IDH targets dual listing by 1H2021, subject to approval: London-listed consumer healthcare giant Integrated Diagnostics Holdings (IDH), which owns the Al Borg and Al Mokhtabar brands in Egypt and operates in Jordan, Sudan and Nigeria, could go ahead with a dual listing of ordinary shares on the EGX by the\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/345.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559720,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/consumer-healthcare-giant-idh-could-list-in-egypt-as-early-as-this-month\/","url_meta":{"origin":564996,"position":2},"title":"Consumer healthcare giant IDH could list in Egypt as early as this month","author":"enterpriseam admin","date":"2 February 2021","format":false,"excerpt":"IDH\u2019s dual listing could happen this month: London-listed, Cairo-based consumer healthcare giant Integrated Diagnostics Holding (IDH) could pull the trigger on its dual listing of ordinary shares on the EGX before 1Q2021 is out \u2014 and possibly as early as this month \u2014 according to a report in Al Mal\u2019s\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/35.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576323,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/19\/consumer-healthcare-giant-idh-considers-dual-egx-lse-listing\/","url_meta":{"origin":564996,"position":3},"title":"Consumer healthcare giant IDH considers dual EGX-LSE listing","author":"enterpriseam admin","date":"19 November 2020","format":false,"excerpt":"IPO WATCH- London-listed Consumer healthcare giant Integrated Diagnostics Holdings (IDH) is considering the dual listing of its ordinary shares on the EGX, the company announced in a press release. While the size, value and timeline of the potential listing were not disclosed, the company said it was \u201ccurrently examining possible\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/210.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562124,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/09\/idh-shares-to-go-live-this-month\/","url_meta":{"origin":564996,"position":4},"title":"IDH shares to go live this month","author":"enterpriseam admin","date":"9 May 2021","format":false,"excerpt":"Integrated Diagnostics Holding (IDH) shares are expected to begin trading on the EGX on 20 May after the Financial Regulatory Authority (FRA) gave the all-clear last week for the London-listed company\u2019s dual listing, IDH said in a statement on Thursday. The company is planning to list a 5% stake (some\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/66.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565799,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/05\/egx-moves-ahead-with-idhs-dual-listing-ghazl-el-mahalla-eyes-october-debut\/","url_meta":{"origin":564996,"position":5},"title":"EGX moves ahead with IDH\u2019s dual listing + Ghazl El Mahalla eyes October debut","author":"enterpriseam admin","date":"5 May 2021","format":false,"excerpt":"Integrated Diagnostics Holding (IDH) is closer to becoming the latest company to list in Egypt after the EGX\u2019s securities registration committee this morning approved its plans to sell 5% of its shares on the Egyptian bourse.It\u2019s still unclear when the trigger will be pulled on the listing: The listing is\u2026","rel":"","context":"In &quot;SPEED ROUND: IPO WATCH&quot;","block_context":{"text":"SPEED ROUND: IPO WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/310.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=564996"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564996\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/564992"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/564997"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=564996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=564996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=564996"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=564996"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=564996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}