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Al Baraka Bank Egypt (SAUD.CA) - Release from FRA

Published at 17 August 2026 at 07:30Al Baraka Bank EgyptRelated stock:Al Baraka Bank Egypt stock

Disclosure summary

Company Name : Al Baraka Bank Egypt
ISIN Code : EGS60101C010
Reuters Code : SAUD.CA
Content :
Release from FRA regarding the Authority’s approval to publish the tender offer announcement dated 16/08/2026 submitted by Al Baraka Bank Egypt S.A.E., to acquire up to 329,471,871 shares, representing up to 90% and a minimum of 51% of the total share capital of Al Tawfiq Leasing Company S.A.E., the “target company”, and to allocate the increased shares to the shareholders of Al Tawfiq Leasing Company S.A.E. who responded to the tender offer through an exchange in accordance with the provisions of Chapter Twelve of the Executive Regulations of the Capital Market Law No. 95 of 1992

Release from FRA (4,372 KB)