The Listing Committee held on 26/08/2026 has approved the following:
• Listing the shares of Tourism Urbanization Company (temporary listing) with an issued capital of EGP 65,013,490 distributed over 6,501,349 shares with a nominal value of EGP 10.00 per share represented in 9 issuances in the Egyptian Securities List (Shares) – “Nilex Market”, in accordance with Articles (9) (1 bis), (6), (18) and (19) of the listing and delisting securities rules on the Egyptian Exchange (EGX).
• The company is committed to fulfill the items (1, 2, 3) of Article (9) 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 FRA, also applying to the EGX to execute the offering on 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 the listing rules.
• Shareholders holding 10% or more of the company’s share capital, and/or any other shareholders replacing them, shall be subject to a lock-up requirement covering 51% of the shares they hold in the company’s share capital, where applicable.
If the aggregate shares subject to such lock-up represent less than 25% of the company’s issued share capital, the 25% lock-up requirement shall be completed from the shareholdings of the members of the Board of Directors, the company’s founders, or other shareholders.
Such shares shall remain subject to the lock-up for a period of no less than 24 calendar months and until the issuance of the periodic financial statements covering two financial years from the date of the offering on the Exchange, or from the listing date in the case of companies whose shares were offered for public subscription in the primary market prior to listing.
The same lock-up percentage shall be maintained in the event of any increase in the company’s share capital during the same period, except for bonus shares.
In all cases, the lock-up of 25% of the company’s shares shall continue for one additional financial year. The same lock-up requirements shall also apply to any subsequent increase in the company’s share capital, except for bonus shares, in accordance with the provisions of Item (8) of Article (9) of the Securities Listing and Delisting Rules.
• The company’s shares shall be added on the EGX’s database under the sector of " Tourism and Leisure” as of Sunday 30/08/2026 trading session.
• The Company commits, within three years from the date of listing, to implement its expansion plans and increase its issued capital, in compliance with Clause (6) of Article (9) of the Listing Rules, as per the undertaking signed by the Company’s legal representative.
• The company must complete the required documentation before trading in the company's shares begins