CI Capital Holding S.A.E. (“CI Capital” or the “Group”) announced today the successful conclusion of the
bookbuilding process and the pricing of the international offering to institutional investors of 203,073,554
ordinary shares at a price of EGP 7.70 per share (the “Offer Price”).
The institutional offering was c.6.1x oversubscribed. At the Offer Price, the market capitalization of the
Group is EGP 3.17 billion (c. USD 179.0 million) prior to the execution of the Closed Subscription.
The offering includes (i) an International Offering to institutional investors, (ii) an Egyptian Retail Offering to
retail investors in Egypt (collectively the “Combined Offering”) and (iii) a Closed Subscription wherein
certain Selling Shareholders have agreed to subscribe to 132,727,813 newly issued shares (the “Closed
Subscription Shares”) with a value of c.EGP 1.0 billion. The International Offering Shares, the Egyptian
Retail Offering Shares and the Closed Subscription Shares will be offered at the Offer Price.
The Combined Offering consists of 225,637,282 ordinary shares, including 203,073,554 shares for the
International Offering and 22,563,728 shares in the Egyptian Retail Offering.
Subscriptions for the Egyptian Retail Offering will close on Tuesday, 24 April 2018. Commencement of
trading on the Egyptian Exchange (“EGX”), subject to the EGX’s permission, is expected on or around April
Jefferies International Limited and CI Capital Investment Banking are acting as Joint Global Coordinators
and Bookrunners on the Offering. Norton Rose Fulbright is International Counsel to the Group. White &
Case LLP is Underwriters’ Counsel. Matouk Bassiouny is Local Counsel. HC Brokerage and Pharos
Securities Brokerage are acting as Placements Agents.