{"id":634724,"date":"2018-01-22T04:10:03","date_gmt":"2018-01-22T04:10:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/ode-board-proposes-share-split-to-widen-shareholder-base\/"},"modified":"2018-01-22T04:10:03","modified_gmt":"2018-01-22T04:10:03","slug":"ode-board-proposes-share-split-to-widen-shareholder-base","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/ode-board-proposes-share-split-to-widen-shareholder-base\/","title":{"rendered":"ODE board proposes share split to widen shareholder base"},"content":{"rendered":"

Orascom Development Egypt\u2019s (ODE) board of directors proposed implementing a share split yesterday that would change the par value of the company\u2019s share to EGP 1 from EGP 5, the company said in a filing to the EGX (pdf)<\/a>. The move aims to widen ODE\u2019s shareholder base by increasing the number of traded shares and diluting their value to attract more bidders.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Development Egypt\u2019s (ODE) board of directors proposed implementing a share split yesterday that would change the par value of the company\u2019s share to EGP 1 from EGP 5, the company said in a filing to the EGX (pdf). The move aims to widen ODE\u2019s shareholder base by increasing the number of traded shares and […]<\/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":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634724","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"ec752ce9-2529-4c14-bb42-dd87064f8beb","order":"0","is_powered_by":true,"section_story_id":"54b4be76-c974-45ca-96af-adf89de46b7d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634686],"teaser":"","voice_url":""},"yoast_head":"\nODE board proposes share split to widen shareholder base - 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\/01\/22\/ode-board-proposes-share-split-to-widen-shareholder-base\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ODE board proposes share split to widen shareholder base\" \/>\n<meta property=\"og:description\" content=\"Orascom Development Egypt\u2019s (ODE) board of directors proposed implementing a share split yesterday that would change the par value of the company\u2019s share to EGP 1 from EGP 5, the company said in a filing to the EGX (pdf). The move aims to widen ODE\u2019s shareholder base by increasing the number of traded shares and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/ode-board-proposes-share-split-to-widen-shareholder-base\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-22T04:10:03+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\/01\/22\/ode-board-proposes-share-split-to-widen-shareholder-base\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/ode-board-proposes-share-split-to-widen-shareholder-base\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ODE board proposes share split to widen shareholder base\",\"datePublished\":\"2018-01-22T04:10:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/ode-board-proposes-share-split-to-widen-shareholder-base\/\"},\"wordCount\":72,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/ode-board-proposes-share-split-to-widen-shareholder-base\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/ode-board-proposes-share-split-to-widen-shareholder-base\/\",\"name\":\"ODE board proposes share split to widen shareholder base - 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