Listing Announcements
Listing the Shares of Egyptian Ferroalloys Co.-EFACO (EFAC.CA) on the Main Market (Temporary Listing)
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The Listing Committee held on 08/04/2026 has approved the following:
• Listing the shares of Egyptian Ferroalloys Co.-EFACO (temporary listing) with an issued capital of EGP 300 million distributed over 30 Million shares with a par value of EGP 10.00 per share represented in 5 issuances in the Egyptian Securities Listing Board (Shares) – “Main Market, in accordance with Articles (1 bis), (6), (7) and (18) of the rules for listing and delisting securities on the Egyptian Exchange.
• The company is committed to fulfill the items (1, 2, 3) of Article (7) of the Listing Rules and complete the registration procedures with the Financial Regulatory Authority (FRA) in accordance with the rules determined by the Board of Directors of the Financial Regulatory Authority (FRA), also applying to the (EGX) to execute the offering of its shares within six months from the date of temporary listing.
• In all cases, the company's shares shall not be traded during the period from the date of the temporary Listing until the start of trading of these shares (after the offering), except with the approval of (FRA). The temporary Listing shall be deemed as if it did not exist, in case of the company does not implement its share offering and fulfill the conditions and requirements for final listing within six months from the date of temporary listing ,The said deadline may be extended with the approval of (FRA) in cases it deems appropriate based on the justifications and time plan that submitted by the company.
• The company must adhere, throughout the temporary Listing period to the obligations stipulated in clauses (1 to 4) of Article (48) of these rules.
• Shareholders who own (10%) or more of the company's share capital and/or their successors from among the remaining shareholders in the company shall be obligated to retain (51%) of the shares they own in the company's share capital , to be Locked –In, and if the total shares to be Locked –In accordingly are less than (25%) of the company's issued capital shares, the (25%) are completed from the stakes of the members of the board of directors and the founders of the company or other shareholders.
• Such Locked –In shares shall be for a period of not less than (24) months, together with the issuance of the periodic financial statements for two fiscal years from the date of offering at the stock exchange, where the same percentage shall be (Locked –In) in any increase in the company's capital for the same period, except for stock dividend, in implementation of item (7) of Article (7) of the Listing and Delisting Rules.
• The company’s shares shall be added on the EGX’s database under the sector of " Basic Resources” as of Thurusday 09/04/2026 trading session.
• The company must complete the required documentation before trading in the company's shares begins.
• Listing the shares of Egyptian Ferroalloys Co.-EFACO (temporary listing) with an issued capital of EGP 300 million distributed over 30 Million shares with a par value of EGP 10.00 per share represented in 5 issuances in the Egyptian Securities Listing Board (Shares) – “Main Market, in accordance with Articles (1 bis), (6), (7) and (18) of the rules for listing and delisting securities on the Egyptian Exchange.
• The company is committed to fulfill the items (1, 2, 3) of Article (7) of the Listing Rules and complete the registration procedures with the Financial Regulatory Authority (FRA) in accordance with the rules determined by the Board of Directors of the Financial Regulatory Authority (FRA), also applying to the (EGX) to execute the offering of its shares within six months from the date of temporary listing.
• In all cases, the company's shares shall not be traded during the period from the date of the temporary Listing until the start of trading of these shares (after the offering), except with the approval of (FRA). The temporary Listing shall be deemed as if it did not exist, in case of the company does not implement its share offering and fulfill the conditions and requirements for final listing within six months from the date of temporary listing ,The said deadline may be extended with the approval of (FRA) in cases it deems appropriate based on the justifications and time plan that submitted by the company.
• The company must adhere, throughout the temporary Listing period to the obligations stipulated in clauses (1 to 4) of Article (48) of these rules.
• Shareholders who own (10%) or more of the company's share capital and/or their successors from among the remaining shareholders in the company shall be obligated to retain (51%) of the shares they own in the company's share capital , to be Locked –In, and if the total shares to be Locked –In accordingly are less than (25%) of the company's issued capital shares, the (25%) are completed from the stakes of the members of the board of directors and the founders of the company or other shareholders.
• Such Locked –In shares shall be for a period of not less than (24) months, together with the issuance of the periodic financial statements for two fiscal years from the date of offering at the stock exchange, where the same percentage shall be (Locked –In) in any increase in the company's capital for the same period, except for stock dividend, in implementation of item (7) of Article (7) of the Listing and Delisting Rules.
• The company’s shares shall be added on the EGX’s database under the sector of " Basic Resources” as of Thurusday 09/04/2026 trading session.
• The company must complete the required documentation before trading in the company's shares begins.