The Egyptian Exchange Approves The Temporary Listing Of Misr Life Insurance

The listing committee approved temporary listing the shares of Misr Life Insurance, during its session held on March 3, 2026. This listing is the first at EGX for a company operating in the Insurance sector since 1985.

The shares of the company will be listed under “Non-Banking Financial Services” sector as of Tuesday, March 10, 2026. This represents an important step enhancing the activity of the sector and supporting diversity of investment opportunities for shareholders.

The shares of the company are temporary listed with an issued capital of EGP 5 billion, distributed over 500 million shares, with par value of EGP 10.00 per share, represented in 8 issuances in the Egyptian Securities Listing Board (Shares)- Main Market, in accordance with articles (1 bis), (6), (7) and (18) of the rules for listing and delisting of securities on the Egyptian Exchange.

In this temporary listing, the company is committed to fulfill the Listing Rules and complete offering procedures within 6 months from the date of temporary listing. Also it’s possible — if needed - to extend this period upon the approval of Financial Regulatory Authority (FRA). In all cases, trading of the company’s shares is prohibited during the period from the date of temporary listing till the start of trading shares, except with the approval of FRA. The temporary listing is deemed as if didn’t exist, if the company doesn’t implement the offering and finalize listing requirements within the specified period.

Also shareholders owning (10%) or more of the company’s shares should retain (51%) of the shares they own to be locked. And If the total locked shares are less than (25%) of company’s issued capital shares, then (25%) is completed from: the members of the board of directors, the founders of the company, or other shareholders. These shares should be locked for a period not less than (24) months from the date of offering or listing, except for free shares.

The company must comply with the decisions of The Board of Directors of Financial Regulatory Authority no. (178) of year 2024, and its amendment by decision no. (5) of year 2025, regarding regulations of ownership, control or merger of companies operating in the field of non-banking financial activities, especially that is related to the limits and percentages of ownership for insurance and reinsurance companies.