Citadel Capital (CCAP.CA on the Egyptian Exchange) issued an invitation today to all shareholders as of close-of-session on 25 August 2011 to participate in the second round of its EGP 1.05 billion capital increase via rights issue at par. Shareholders may subscribe on a non-pro-rata basis to 122,391,173 shares left after the first round.
The Arabic-language invitation to subscribe was published today in two Egyptian national newspapers as required by Egyptian securities law. A copy may be downloaded by clicking here.
Citadel Capital (CCAP.CA on the Egyptian Stock Exchange) is the leading private equity firm in the Middle East and Africa. Citadel Capital focuses on building regional platforms in select industries through acquisitions, turnarounds, and greenfields executed via Opportunity-Specific Funds. The Firm's 19 OSFs now control Platform Companies with investments worth more than US$ 8.7 billion in 14 countries spanning 15 industries, including mining, cement, transportation, food and energy. Since 2004, Citadel Capital has generated more than US$ 2.2 billion in cash returns to its co-investors and shareholders (on investments of US$ 650 million), more than any other private equity firm in the region. Citadel Capital is the largest private equity firm in Africa by PE assets under management (2006-2011, as ranked by Private Equity International). For more information, please visit www.citadelcapital.com.