Region

Jurisdiction

Regulator

2015-01-01

Decision of the Board of Directors of the Authority No. (134) of 2015 Regarding the Rules for Listing and Delisting Securities on the Egyptian Exchange

The General Authority for Financial Supervision issued Decision No. 134 of 2015 to amend the Egyptian Exchange's listing and delisting framework. This amendment formally introduces Article (1 bis), which mandates specific compliance obligations for companies that are provisionally listed and are still completing their listing requirements. The decision takes effect upon publication in the Egyptian Gazette and requires both the Egyptian Exchange and competent regulatory departments to enforce its provisions.

Egypt

Financial Regulatory Authority Egypt

Secretariat of the Board of Directors

Decision of the Board of Directors of the Authority No. (134) of 2015

Dated 26/11/2015

Amending Decision of the Board of Directors of the Authority No. (11) of 2014

Regarding the Rules for Listing and Delisting Securities on the Egyptian Exchange

The Board of Directors of the General Authority for Financial Supervision

Having reviewed the Law on Joint Stock Companies, Companies Limited by Shares, and Limited Liability Companies issued by Law No. (159) of 1981 and its Executive Regulations;

And the Capital Market Law issued by Law No. (95) of 1992 and the decisions issued to implement it;

And the Central Deposit and Registration of Securities Law issued by Law No. (93) of 2000 and its Executive Regulations;

And Law No. (10) of 2009 on Regulating Supervision over Non-Banking Financial Markets and Instruments;

And Presidential Decree No. (191) of 2009 on the Provisions Organizing the Management and Financial Affairs of the Egyptian Exchange;

And the Statutes of the General Authority for Financial Supervision issued by Presidential Decree No. (192) of 2009;

And Decision of the Board of Directors of the Authority No. (11) of 2014 Regarding the Rules for Listing and Delisting Securities on the Egyptian Exchange and its amendments;

And having obtained the approval of the Board of Directors of the Authority dated 26/11/2015.

It is hereby decided

(Article One)

The following is added to the Rules for Listing and Delisting Securities on the Egyptian Exchange as Article (1 bis) with the following text:

Article (1 bis): Obligations of Companies Provisionally Listed and in the Process of Completing Listing Requirements:

(Article Two)

This Decision shall be published in the Egyptian Gazette and on the websites of the Authority and the Egyptian Exchange, and shall take effect from the date of its issuance. The Egyptian Exchange and the competent departments of the Authority shall implement it within their respective jurisdictions.

Chairman of the Board of Directors

Sherif Samy

46076