Catalyst Partners Middle East (CPME) has announced the successful completion of one of the largest and most ambitious restructuring transactions in the Egyptian market. Following its Board of Directors’ meeting, the company confirmed a resolution to increase its issued capital from EGP 235 million to more than EGP 3 billion, representing a capital injection of EGP 2.78 billion.
Dual Strategic Acquisition to Drive Growth
This landmark capital increase is aligned with CPME’s ambitious growth and expansion strategy, which includes the strategic acquisition of Qardy for Digital Applications S.A.E. (Qardy) and Catalyst Partners Holding S.A.E. (Catalyst Partners Holding). The transaction was executed through a share swap based on an independent financial valuation, ensuring shareholder rights are protected and investment value is maximized.
Regulatory Compliance and Market Readiness
The Board of Directors also approved the disclosure report in accordance with Article (138) of the Executive Regulations of Law 159 of 1981. This report will be submitted to the Financial Regulatory Authority (FRA) to approve trading the shares at their nominal value, paving the way for a smooth listing process and greater transparency for investors.
Strengthening CPME’s Market Leadership
The company emphasized that this transaction represents a transformational milestone that strengthens its position as a key player in Egypt’s financial sector. The move is expected to attract significant new investment, expand CPME’s base of qualified investors, and support its plan to list shares on the Egyptian Exchange, further deepening its market presence.
A New Era of Investment Opportunities
With this bold restructuring, Catalyst Partners Middle East is setting the stage for future growth, targeting opportunities to support innovative businesses and deliver value to shareholders. The company’s long-term vision focuses on fostering a robust ecosystem for investment and entrepreneurship, helping to energize Egypt’s capital markets.
