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12-Mar-2017

Porto Group shareholders approve 1 to 10 share dividends and GDR programme

Shareholders of Porto Group have approved a stock distribution of 1:10. They have also approved the conversion of up to 33% of its share capital to GDRs.

Porto Group: EGP0.26 as of 9 Mar. 2017, Rating: Neutral, TP: EGP0.27/share, MCap: USD68mn, PORT EY/PORT.CA
 

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