OTMT [OTMT.CA] held its board meeting yesterday. Below are the key takeaways: The board approved the 100% acquisition of CI Capital and the submission of a final binding offer. Additionally, the board approved the delegation of Eng. Naguib Sawiris to undertake all necessary actions and sign all agreements and documents The board approved the resignation of Mr. Hany Abdel Gelil El Emary as a Non-Executive board member The board approved the appointment of Mr. Sameh Youssef El Torgoman as a Non-Executive board member. (Company disclosure) OTMT: EGP0.57 as of 10 February 2016, Rating: Sell, FV: EGP0.53 per share, MCap: USD382 million, OTMT EY / OTMT.CA
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