{"id":651207,"date":"2017-02-07T04:12:54","date_gmt":"2017-02-07T04:12:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/amoc-to-issue-gdrs\/"},"modified":"2017-02-07T04:12:54","modified_gmt":"2017-02-07T04:12:54","slug":"amoc-to-issue-gdrs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/amoc-to-issue-gdrs\/","title":{"rendered":"AMOC to issue GDRs"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>The Alexandria Mineral Oils Company (AMOC) board has approved converting 10% of the company\u2019s shares into GDRs<\/strong>, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=321436\">Al Mal<\/a> reported. We had <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/23\/amoc-to-offer-additional-10-20-of-its-shares-on-the-market-in-2017-chairman\/\">earlier reported<\/a> that the company could be offering an additional 10-20% of its shares in 2017, having originally floated 20% of its shares in 2014.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Alexandria Mineral Oils Company (AMOC) board has approved converting 10% of the company\u2019s shares into GDRs, Al Mal reported. We had earlier reported that the company could be offering an additional 10-20% of its shares in 2017, having originally floated 20% of its shares in 2014.<\/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-651207","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"82b6a723-b948-473c-9d0f-e106c5474d68","order":"0","is_powered_by":true,"section_story_id":"f6881213-f28c-4738-84f8-4fe2d3360bd7","story_type":"1","photo_url":"","photo_position":"above","related_issue":[651198],"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>AMOC to issue GDRs - 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\/02\/07\/amoc-to-issue-gdrs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AMOC to issue GDRs\" \/>\n<meta property=\"og:description\" content=\"The Alexandria Mineral Oils Company (AMOC) board has approved converting 10% of the company\u2019s shares into GDRs, Al Mal reported. We had earlier reported that the company could be offering an additional 10-20% of its shares in 2017, having originally floated 20% of its shares in 2014.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/amoc-to-issue-gdrs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-07T04:12:54+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\/2017\/02\/07\/amoc-to-issue-gdrs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/amoc-to-issue-gdrs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"AMOC to issue GDRs\",\"datePublished\":\"2017-02-07T04:12:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/amoc-to-issue-gdrs\/\"},\"wordCount\":48,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/amoc-to-issue-gdrs\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/amoc-to-issue-gdrs\/\",\"name\":\"AMOC to issue GDRs - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-02-07T04:12:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/amoc-to-issue-gdrs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/amoc-to-issue-gdrs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/amoc-to-issue-gdrs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AMOC to issue GDRs\"}]},{\"@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":"AMOC to issue GDRs - 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\/2017\/02\/07\/amoc-to-issue-gdrs\/","og_locale":"en_US","og_type":"article","og_title":"AMOC to issue GDRs","og_description":"The Alexandria Mineral Oils Company (AMOC) board has approved converting 10% of the company\u2019s shares into GDRs, Al Mal reported. 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AMOC says\u2026","rel":"","context":"In &quot;Capital markets&quot;","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/486.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573922,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/24\/egypts-phd-to-write-off-lse-listed-gdrs\/","url_meta":{"origin":651207,"position":1},"title":"Egypt\u2019s PHD to write off LSE-listed GDRs","author":"enterpriseam admin","date":"24 August 2020","format":false,"excerpt":"PHD to write off its LSE-listed GDRs: Palm Hills Development\u2019s (PHD) extraordinary general assembly has approved canceling its London Stock Exchange-listed global depository receipts (GDRs) program, the company said in filings to the EGX (pdf) and LSE on Wednesday. Data on the GDRs show an unchanged 52-week range, implying the\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\/8\/180.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546494,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/18\/amazon-has-five-years-to-swap-efg-gdrs-for-valu-shares\/","url_meta":{"origin":651207,"position":2},"title":"Amazon has five years to swap EFG GDRs for valU shares","author":"enterpriseam admin","date":"18 May 2022","format":false,"excerpt":"Amazon has five years to swap EFG GDRs for valU shares: EFG Hermes has given Amazon a five-year window to exercise its option to convert its global depository receipt (GDR) holdings into an equity stake in the bank\u2019s consumer finance arm valU, the bank said in an EGX disclosure (pdf).\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641098,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/al-ahly-converting-10-of-its-shares-in-amoc-shares-to-gdrs\/","url_meta":{"origin":651207,"position":3},"title":"Al Ahly converting 10% of its shares in AMOC shares to GDRs","author":"enterpriseam admin","date":"12 September 2017","format":false,"excerpt":"Al Ahly Capital is actually intending on converting 10% of its shares in Alexandria Mineral Oils Company (AMOC) to Global Depository Receipts (GDR) by the end of 2017, a senior official from the company tells Al Shorouk. It had previously been reported that Al Ahly will convert 39.5% of their\u2026","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":642674,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/al-ahly-capital-to-convert-39-5-of-its-shares-in-amoc-to-gdrs-on-lse\/","url_meta":{"origin":651207,"position":4},"title":"Al Ahly Capital to convert 39.5% of its shares in AMOC to GDRs on LSE","author":"enterpriseam admin","date":"20 August 2017","format":false,"excerpt":"Al Ahly Capital is converting 39.5% of its shares in state-owned Alexandria Mineral Oils Company (AMOC) \u2014 the equivalent of 10% of the company \u2014 to global depository receipts (GDR) on the London Stock Exchange in early 2018, Managing Director Khaled Badawi says, according to Al Mal. Al Ahly Capital\u2026","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":643110,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/30\/amoc-studying-investing-usd-500-mn-on-fuel-oil-refining-complex\/","url_meta":{"origin":651207,"position":5},"title":"AMOC studying investing USD 500 mn on fuel oil refining complex","author":"enterpriseam admin","date":"30 August 2017","format":false,"excerpt":"INVESTMENT WATCH- State-owned Alexandria Mineral Oils Company (AMOC) is considering spending USD 500 mn on a fuel oil refining project, chairman Amr Mostafa tells Al Mal. Technical studies are being drafted and are expected to be completed before year-end. The company is also issuing a tender for the development of\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\/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\/651207","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=651207"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/651207\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/651198"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=651207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=651207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=651207"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=651207"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=651207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}