2010-01-01

Board of Directors Decision No. 8 of 2010 on Early Disposal of Founder Shares by Supervised Companies

The Financial Regulatory Authority Board of Directors issued Decision No. 8 of 2010 to authorize founders of supervised companies to sell their subscriber shares before the mandatory lock-up period expires. This ruling establishes the specific approval mechanism and compliance requirements for early share disposals by corporate founders. The regulation modifies existing market restrictions to facilitate founder liquidity while preserving regulatory oversight of supervised entities.

Egypt

Financial Regulatory Authority Egypt

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Home Uncategorized قرار مجلس إدارة رقم ( 8 ) لسنة 2010

قرار مجلس إدارة رقم ( 8 ) لسنة 2010

بشأن الموافقة لمؤسسي الشركات الخاضعة لرقابة الهيئة بالتصرف في أسهمهم التى يملكونها بصفتهم مكتتبين قبل انقضاء مدة الحظر.

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