{"id":224072,"date":"2026-02-18T00:15:53","date_gmt":"2026-02-17T22:15:53","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/egypt\/egypt-gourmet-egypt-shares-jump-on-egx-debut-after-28m-ipo\/"},"modified":"2026-02-18T00:15:53","modified_gmt":"2026-02-17T22:15:53","slug":"egypt-gourmet-egypt-shares-jump-on-egx-debut-after-28m-ipo","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/egypt\/egypt-gourmet-egypt-shares-jump-on-egx-debut-after-28m-ipo\/","title":{"rendered":"Egypt: Gourmet Egypt Shares Jump On Egx Debut After $28m IPO"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"29\">Agri-food company Gourmet Egypt.com Food began trading on the Egyptian Exchange on February 10 after completing an initial public offering that combined a public offering with a private placement.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"49\">The IPO covered 190.5 million shares, representing about 47.6 percent of the company&#8217;s share capital, priced at 6.90 Egyptian pounds per share. The deal raised nearly 1.31 billion pounds ($28 million) and valued the company at about 2.76 billion pounds at listing. Gourmet Egypt has 400 million shares&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202602160026.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 North Africa <a title=\"Egypt\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/north-africa\/egypt\/\">Egypt<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Agri-food company Gourmet Egypt.com Food began trading on the Egyptian Exchange on February 10 after completing an initial public offering that combined a public offering with a private placement. The IPO covered 190.5 million shares, representing about 47.6 percent of the company&#8217;s share capital, priced at 6.90 Egyptian pounds per share. The deal raised nearly [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":224073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[338],"tags":[41462,258,256,12156,14343,4697,415,53555,20413,12398,257,9825,254],"class_list":["post-224072","post","type-post","status-publish","format-standard","has-post-thumbnail","category-egypt","tag-28m","tag-africa","tag-africa-news","tag-debut","tag-egx","tag-egypt","tag-egypt-news","tag-gourmet","tag-ipo","tag-jump","tag-news","tag-shares","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/224072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=224072"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/224072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/224073"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=224072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=224072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=224072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}