Decision of the Capital Market Authority Board of Directors No. 60 of 2022

Egyptian Gazette – No. 81 on April 6, 2022

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Capital Market Authority
Decision of the Board of Directors No. 60 of 2022 dated March 16, 2022 Amending Decision of the Board of Directors No. 11 of 2014 regarding the rules for listing and delisting securities at the Egyptian Exchange Board of Directors of the Capital Market Authority Having reviewed the Capital Market Law issued by Law No. 95 of 1992 and its executive regulations; and the Law No. 10 of 2009 regarding the regulation of non-banking financial markets and instruments; and Decision No. 11 of 2014 regarding the rules for listing and delisting securities at the Egyptian Exchange; and after approval by the Board of Directors during its extended session from March 16, 2022 to March 22, 2022; has decided:

( Article One )
A fourth paragraph is added to the text of Article (41) of the aforementioned rules for listing and delisting securities at the Egyptian Exchange, as follows:
Article (41, Fourth Paragraph):
In cases where a company's shares are dual-listed on the Egyptian Exchange and one foreign exchange, the Central Depository and Clearing Company for Securities, upon the company's request, must contact the foreign clearing house (provided it is subject to supervision by a regulatory body equivalent to the Authority) to provide it with a statement of shareholders who have frozen their shares there for the purpose of attending the company's General Assembly, along with the number of frozen shares for each. This statement must be attached to the statement referred to in the preceding paragraph.

( 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 day following its publication in the Egyptian Gazette.

Chairman of the Board of Directors
Dr. Mohamed Omran