Chairman of the Board

Capital Market Authority Board Decision No. (6) of 2015

Dated 1/7/2015
Regarding the Amendment of the Executive Rules for the Intra Day Trading Mechanism

Capital Market Authority Board

Having reviewed the Capital Market Law issued by Law No. (95) of 1992 and the decisions issued in implementation thereof; and the Central Depository and Registration Law issued by Law No. (93) of 2000 and its executive regulations; and Law No. (10) of 2009 regulating supervision over markets and non-banking financial instruments; and Presidential Decree No. (197) of 2009 on the Basic System of the Capital Market Authority; and Presidential Decree No. (191) of 2009 on the provisions governing the management of the Egyptian Exchange and its financial affairs; and Capital Market Authority Board Decision No. (67) of 2012, as amended by Board Decision No. (2) of 2014; and the approval of the Authority's Board at its meeting No. (2) held on 1/7/2015.

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Has Decided

(Article One)

Item (5) of Article One of the Executive Rules for the Intra Day Trading Mechanism attached to Capital Market Authority Board Decision No. (67) of 2012 and its amendments is hereby replaced with the following:

5- The company's net shareholders' equity shall not be less than five million Egyptian pounds according to the latest approved annual financial statements or subsequent periodic financial statements, in addition to the availability of positive working capital in those statements.

(Article Two)

This Decision shall be published in the Egyptian Gazette, and on the websites of the Authority, the Egyptian Exchange, and the Central Depository and Registration Company, and shall take effect as of the day following its publication in the Egyptian Gazette.

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Chairman of the Board
Sherif Samy

(Authority Stamp: Chairman's Office)

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46.76

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