african | markets
african | markets
May 28, 2025 at 05:55 PM
U Consumer Finance S.A.E. (“Valu”), the leading universal financial technology powerhouse in Egypt, announced today its intention to proceed with the trading of its shares on the Egyptian Exchange (the “EGX”), following the completion of an in-kind dividend distribution* by EFG Holding S.A.E. (“EFG Holding”) (the “Dividend Distribution”). Valu was listed on the EGX on 21 May 2025 (the “Listing,” and together with the Dividend Distribution, the “Transaction”). Valu’s shares will be admitted to trading on the EGX following registration with the Egyptian Financial Regulatory Authority (the “FRA”), the completion of the Dividend Distribution and the ratification of the trading disclosure report by the FRA**. https://www.african-markets.com/en/stock-markets/egx/u-consumer-finance-s-a-e-known-under-the-trademark-of-valu-announces-its-intention-to-float-on-the-egyptian-exchange
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