{"id":633182,"date":"2018-02-28T04:23:36","date_gmt":"2018-02-28T04:23:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/"},"modified":"2018-02-28T04:23:36","modified_gmt":"2018-02-28T04:23:36","slug":"egx-approves-oranges-egp-15-4-capital-increase","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/","title":{"rendered":"EGX approves Orange\u2019s EGP 15.4 capital increase"},"content":{"rendered":"<p>The EGX listing committee approved yesterday Orange\u2019s request to increase its issued capital to EGP 16.4 bn from EGP 1 bn, according to an <a href=\"http:\/\/www.egx.com.eg\/English\/NewsDetails.aspx?NewsID=170175\">EGX filing<\/a>. The EGP 15.4 bn capital increase will be by financed through a rights issue to existing shareholders. The new shares will be added to the EGX database as of 5 March. The company received <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/07\/fra-approves-oranges-capital-increase\/\">regulatory approval in December<\/a>, a month after the board of directors signed off on the move \u2014 which also brings authorized capital up to EGP 20 bn from EGP 3 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX listing committee approved yesterday Orange\u2019s request to increase its issued capital to EGP 16.4 bn from EGP 1 bn, according to an EGX filing. The EGP 15.4 bn capital increase will be by financed through a rights issue to existing shareholders. The new shares will be added to the EGX database as of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9290],"tags":[72,2369],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-633182","post","type-post","status-publish","format-standard","hentry","category-telecoms-ict","tag-enterpriseam","tag-telecoms-ict","wpautop","entry"],"acf":{"mongo_id":"d36da8f6-19c9-4907-ab27-6affe65e7fca","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EGX approves Orange\u2019s EGP 15.4 capital increase","related_issue":[633142],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.f8353b51-ff72-435b-b42a-1560d939b011.mp3"},"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>EGX approves Orange\u2019s EGP 15.4 capital increase - 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\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGX approves Orange\u2019s EGP 15.4 capital increase\" \/>\n<meta property=\"og:description\" content=\"The EGX listing committee approved yesterday Orange\u2019s request to increase its issued capital to EGP 16.4 bn from EGP 1 bn, according to an EGX filing. The EGP 15.4 bn capital increase will be by financed through a rights issue to existing shareholders. The new shares will be added to the EGX database as of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-28T04:23:36+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGX approves Orange\u2019s EGP 15.4 capital increase\",\"datePublished\":\"2018-02-28T04:23:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/\"},\"wordCount\":92,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Telecoms + ICT\"],\"articleSection\":[\"Telecoms + ICT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/\",\"name\":\"EGX approves Orange\u2019s EGP 15.4 capital increase - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-02-28T04:23:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EGX approves Orange\u2019s EGP 15.4 capital increase\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"EGX approves Orange\u2019s EGP 15.4 capital increase - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/","og_locale":"en_US","og_type":"article","og_title":"EGX approves Orange\u2019s EGP 15.4 capital increase","og_description":"The EGX listing committee approved yesterday Orange\u2019s request to increase its issued capital to EGP 16.4 bn from EGP 1 bn, according to an EGX filing. 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The ex-rights date has been set for end of trading on 24 December. The company approved the capital increase in their EGM on 4 December. 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The company is still studying its planned additional share issuance to ensure its compliance\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635492,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/","url_meta":{"origin":633182,"position":2},"title":"Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn","author":"enterpriseam admin","date":"5 December 2017","format":false,"excerpt":"Orange Egypt\u2019s general assembly approved a capital increase yesterday to EGP 16.4 bn from EGP 1 bn through the issuance of new shares, according to a bourse filing (pdf). The company\u2019s board had signed off on the move early last month.","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632654,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/15\/etisalat-misr-to-invest-egp-2-5-bn-this-year-to-develop-infrastructure\/","url_meta":{"origin":633182,"position":3},"title":"Etisalat Misr to invest EGP 2.5 bn this year to develop infrastructure","author":"enterpriseam admin","date":"15 February 2018","format":false,"excerpt":"Etisalat Misr is planning to invest EGP 2.5 bn this year to develop its infrastructure and expand its 4G services network, CFO Ehab Roshdy tells Al Mal. The new investment will be funded by revenue from the company\u2019s recent capital increase, according to Roshdy.","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647984,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/","url_meta":{"origin":633182,"position":4},"title":"EGX approves CIB capital increase","author":"enterpriseam admin","date":"24 May 2017","format":false,"excerpt":"The EGX approved CIB\u2019s issued and paid-up capital increase to EGP 11.62 bn from EGP 11.54 bn. The capital increase is issued as part of the bank\u2019s stock option compensation plan.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624503,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/phd-to-increase-issued-and-authorized-capital-by-egp-1-5-bn-and-egp-4bn\/","url_meta":{"origin":633182,"position":5},"title":"PHD to increase issued and authorized capital by EGP 1.5 bn and EGP 4bn","author":"enterpriseam admin","date":"10 September 2018","format":false,"excerpt":"Palm Hills Development\u2019s EGM agreed yesterday to increase issued capital by EGP 1.5 bn and authorized capital to EGP 10 bn from EGP 6 bn through the issuance of new shares to existing shareholders, according to an EGX disclosure (pdf).","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/633182","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=633182"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/633182\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/633142"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=633182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=633182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=633182"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=633182"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=633182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}