In a disclosure to the Egyptian Exchange on Tuesday, the
company stated that the independent financial advisor is required to complete
the valuation study at least five business days before the expiry of Raya
Holding’s mandatory tender offer period to increase its stake in the company.
The Financial Regulatory Authority (FRA) approved the
publication of the mandatory tender offer (MTO) submitted by Raya Holding for
Financial Investments to acquire shares of Raya Contact Center.
The offer includes the purchase of 43.95 million shares,
representing the remaining shares required to reach 90% of the company’s
capital. The targeted shares account for 22.1% of Raya Contact Center’s
capital, out of a total of 199,206,202 shares, excluding treasury shares held
for more than one year.
The offer price is set at EGP 7.5 per share, with a validity
period of 20 business days starting Monday, September 28, 2025, and ending on
Sunday, October 26, 2025. If the offer period ends on a non-business day, it
will automatically be extended to the following business day.