{"id":635351,"date":"2017-12-03T04:01:53","date_gmt":"2017-12-03T04:01:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/03\/ibnsina-pharmas-offering-to-retail-investors-opens-today\/"},"modified":"2017-12-03T04:01:53","modified_gmt":"2017-12-03T04:01:53","slug":"ibnsina-pharmas-offering-to-retail-investors-opens-today","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/03\/ibnsina-pharmas-offering-to-retail-investors-opens-today\/","title":{"rendered":"Ibnsina Pharma\u2019s offering to retail investors opens today"},"content":{"rendered":"

<\/a> IPO WATCH- Ibnsina Pharma launches today its offering to retail investors as part of its IPO of up to 40% of its total shares.<\/strong> Shares in the IPO are split between institutional investors (85% of the offering) and individual investors (15% of the offering). The retail offering continues until Thursday, 7 December. Book-building for the offering will be completed by Tuesday, 5 December, at which time the final price will be set. The company is guiding on pricing at EGP 5.21-5.95 per share<\/a>. Trading is expected to start on Monday, 11 December. The institutional offering on the IPO has already garnered interest from some 150 financial institutions following a roadshow in Europe, Africa and the GCC, said Mustafa Abdul Aziz, head of brokerage at Beltone Financial<\/strong>, the sole global coordinator and bookrunner on the transaction. He tells Al Borsa<\/a> that the investment bank completed the roadshow with its final stop in London, following successful meetings in Saudi Arabia, the UAE, Germany, and South Africa among other places. Matouk Bassiouny<\/strong> is acting as counsel to the issuer. Inktank Financial<\/strong> is investor relations advisor.<\/p>\n","protected":false},"excerpt":{"rendered":"

IPO WATCH- Ibnsina Pharma launches today its offering to retail investors as part of its IPO of up to 40% of its total shares. Shares in the IPO are split between institutional investors (85% of the offering) and individual investors (15% of the offering). The retail offering continues until Thursday, 7 December. Book-building for the […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635351","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b0d4e576-23f9-4d0e-8b4f-6a4fb0f5795f","order":"0","is_powered_by":true,"section_story_id":"08b3ce88-cd08-471f-bf1f-c347c356c01b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635338],"teaser":"","voice_url":""},"yoast_head":"\nIbnsina Pharma\u2019s offering to retail investors opens today - 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\/2017\/12\/03\/ibnsina-pharmas-offering-to-retail-investors-opens-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ibnsina Pharma\u2019s offering to retail investors opens today\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- Ibnsina Pharma launches today its offering to retail investors as part of its IPO of up to 40% of its total shares. 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