Regulatory Alerts2022-01-01
Board Decision No. 1 of 2022: Extension of Deadline for Listed Companies to Execute Stock Offerings
The Financial Regulatory Authority issued Board Decision No. 1 of 2022 to extend the statutory deadline for Egyptian stock exchange-listed companies that have not yet executed their public offerings. The directive grants these listed entities additional time to complete their offering procedures without facing regulatory penalties or delisting risks associated with missed deadlines. This extension applies specifically to companies whose securities are already registered on the Egyptian Exchange and remain compliant with listing requirements during the extended period.
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