The listing
committee held on 14/05/2026 has approved the following:
·
Listing the shares of Misr Travel ( temporary listing ) with an issued capital of EGP 125,765,466 distributed
over 20,960,911 shares with a par value of EGP 6.00 per share represente d in 7 issuances in the
Egyptian Securities Listing Board (Shares) — “Main Market, in accordance with
Articles (1 bis), (6), (7) and (18) of the rules for listing and delisting
securities on the Egyptian Exchange.
·
the company is committed to fulfill the items (1, 2, 3) of
Article (7) of the Listing Rules and complete the registration procedures with
the Financial Regulatory Authority (FRA) in accordance with the rules
determined by the Board of Directors of the Financial Regulatory Authority
(FRA), also applying to the (EGX) to execute the offering of its shares within
six months from the date of temporary listing.
·
In
all cases, the company's shares shall not be traded during the period from the
date of the temporary Listing until the start of trading of these shares (after
the offering), except with the approval of (FRA). The temporary Listing shall be deemed as if it did not
exist, in case of the company does not implement its share offering and fulfill
the conditions and requirements for final listing within six months from the
date of temporary listing ,The said deadline may be extended with the approval
of (FRA) in cases it deems appropriate based on the justifications and time
plan that submitted by the company.
·
The
company must adhere, throughout the temporary Listing period to the obligations
stipulated in clauses (1 to 4) of Article (48) of these rules.
·
Provided that the company shall obtain the
approval of the Sinai Development Authority in accordance with Article (4) of
the Decree-Law concerning the Integrated Development of the Sinai Peninsula,
issued under Law No. 14 of 2012, prior to offering the shares of such companies
or making them available for trading.
·
Furthermore, no dealings or trading shall
be conducted on the shares of a company temporarly listed during the temporary
listing period except after obtaining the approval of the Authority and the
relevant entities in accordance with Article (4) of the aforementioned law. In
the event that the approval of the Sinai Development Authority for listing such
companies on the stock exchange is not obtained, the temporary listing shall be
deemed null, void, and as if it had never existed.
·
Provided
that shareholders holding ten percent (10%) or more of the company’s share
capital, and/or their successors from among the other shareholders of the
company, shall be required to retain ( lock-up )
fifty-one percent (51%) of the shares they own in the company’s share
capital, if available , If the total shares retained)
locked-up) accordingly amount to less than twenty-five percent (25%) of the
company’s issued share capital, the shortfall shall be completed
up to the twenty-five percent (25%) from the shareholdings of the members of
the Board of Directors, the founders of the company, or other shareholders of
the company , for a period of not less than twenty-four (24) calendar months
and until the issuance of periodic financial statements for two fiscal years
from the date of listing on the stock exchange.
·
The
same retention ) lock-up) conditions shall apply to any subsequent increase in the company’s share
capital, excluding bonus shares, in implementation of the provisions of Clause
(7) of Article (7) of the Listing and Delisting Rules of Securities.”
·
The company shall be notified to comply with the
provisions of Law No. (121) of 1982 regarding the Register of Importers, and
the exemption issued under Law No. (173) of 2023 concerning the registration of
certain companies not wholly owned by Egyptians, or those in which Egyptian
ownership is less than fifty-one percent (51%), from certain provisions of Law
No. (121) of 1982.
·
Provided that the company shall undertake to remove
the activity of “conducting currency exchange business” from the company’s
principal purpose and amend the relevant articles of the Articles of
Association accordingly, by presenting the matter to the nearest Extraordinary
General Assembly, while observing compliance with Article (212) of the Central Bank
of Egypt Law No. 194 of 2020 and the relevant regulatory instructions issued in
this regard, in implementation of the Central Bank of Egypt’s letter dated
03/05/2026, all prior to the commencement of trading on the company’s shares.
·
The
company’s shares shall be added on the EGX’s database under the sector of
" Tourism and Entertainmnet” as of Sunday 17/05/2026 trading
session.
·
Provided that the company shall complete and submit
all required documents prior to the commencement of trading on its shares.