The Securities Registration Committee, in its session held on Tuesday, decided to approve the double listing of the shares of Integrated Diagnostics Holdings PLC (a company of its origin in Jersey Island) with issued capital of 150 million US dollars distributed over 600 million shares with a nominal value of 0.25 dollars US per share, represented in one issue in the list of foreign securities (shares) on the condition that the company publishes the disclosure report for the purpose of trading after it has been approved by the Financial Supervisory Authority before the start of trading.
The committee specified that the shares of Integrated Diagnostics should not be dealt during the period from the date of registration until the publication of the disclosure report for the purpose of trading approved by the Financial Supervisory Authority, and the registration is considered as if it was not in the event that the company did not publish the disclosure report for the purpose of the aforementioned trading within the time limit. Granted to it by the Authority unless the Authority agrees to extend this period, with the company’s commitment to the declarations and pledges published in the disclosure report for the purpose of trading, as well as submitted to the stock exchange and indicated in the registration contract, with the company’s commitment to complete all required documents documented by the Egyptian Ministry of Foreign Affairs attached to it a certified translation from one of Official authorities in Egypt within two months from the date of listing on the Egyptian Stock Exchange, as well as the letter of the Misr Clearing Company, stating that the equivalent nominal value of the share is approximately 3.94 pounds in light of the letter received by us from the legal agent of the company.
The committee also specified that the company's shares be listed on the Egyptian Stock Exchange database after 5 working days have passed from the date of publishing the announcement of the registration request. The company's shares shall be traded in Egyptian pounds in accordance with Article (6) bis of the executive procedures for the registration rules in light of the decision of the extraordinary general assembly. Company on December 23, 2020.
The Registration Committee said that the company's position will be presented to the Operations Committee to determine the opening price, the date of trading on the company's shares in the open market and the controls of dealing in light of the provisions of the disclosure report for the purpose of trading approved by the Financial Supervisory Authority after its publication in two widely circulated morning newspapers. The website and the advertisement screen on the Egyptian Stock Exchange, taking into account that all the financial disclosures and lists provided by the company are published on the advertisements screen on the Egyptian Stock Exchange before trading begins, and the Ticker Symbol has been assigned to the IDHC.CA company, and that the company is listed In the "Healthcare and Medicines" sector.
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