ValU Shares to Begin Trading on the Egyptian Exchange Next Monday
The Egyptian Exchange (EGX) has announced that trading on the shares of U Consumer Finance Company “ValU” will officially begin on Monday, June 23. The company's stock will be listed under the medium-activity market segment, which allows for same-day trading (intra-day), T+1 settlement, margin trading, and acceptance as collateral at up to 80% of its market value.
According to the EGX Operations Committee, ValU’s opening reference price will be EGP 0.777 per share, as stated in the disclosure report for trading purposes. The stock will be added to the list of securities eligible for bid/ask increments of 0.001 Egyptian pounds.
During the first trading session, price limits will range between a minimum of EGP 0.10, representing the par value of the stock, and a maximum of EGP 7.40, representing the fair value defined in the company’s trading disclosure report. No circuit breakers will be applied during this session until a new closing price is established. From the following session, standard price limit mechanisms for the designated market segment will apply.
This announcement follows Wednesday’s protected transactions, where the EGX reported the execution of block trades on 431.5 million shares of ValU — representing 20.48% of the company’s issued shares — at EGP 0.77 per share, totaling a transaction value of EGP 335.3 million. These trades were conducted to facilitate the company’s listing and the commencement of public trading.
ValU’s market debut marks one of the most anticipated listings of 2025, as the company continues to lead Egypt’s growing consumer finance and fintech sectors.