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English news

23-Aug-2016

EFSA approves Domty’s GDR programme

Arabian Food Industries’ (Domty) received the approval of the Egyptian Financial Supervisory Authority (EFSA) to convert up to 33% of its shares into global depositary receipts (GDRs), which will be traded on the London Stock Exchange. (Company disclosure)    Domty: EGP7.52 as of 22 August 2016, Rating: Buy, FV: EGP12.65 per share, MCap: USD239mn, DOMT EY / DOMT.CA  

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