RNS Number : 7794U
Edita Food Industries S.A.E.
03 August 2022
 

 

Edita Food Industries - Summary of Resolutions of the Board of Directors Meeting of the company convened on Tuesday, August 2, 2022

Cairo, August 2, 2022

Edita Food Industries SAE announces that the Board of Directors Meeting of the company   convened on Tuesday, August 2, 2022 and unanimously resolved the following resolutions:

1.    Approved the minutes of the previous Board of Directors (no. 161) dated on 15/5/2022.

2.    Approved the purchase of 36,152,921 shares, which is equal to 5% of the total outstanding shares of the company as treasury shares to showcase to investors the company's confidence in the stock's fundamentals.

3.    Approved appointing Financial Brokerage Group S.A.E to act as the broker executing the transaction related to the Purchase of treasury shares.

 

-End-

Contacts

Ms. Menna Shams El Din

Head of Investor Relations and Corporate Affairs
T: +202 3851 6464 | M: +20 100 1542428 |  menna.shamseldin@edita.com.eg

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
STRFZGGRLFDGZZG