Edition:
United Kingdom

GB Auto SAE (AUTO.CA)

AUTO.CA on The Egyptian Exchange

3.85EGP
17 Jul 2019
Change (% chg)

£0.01 (+0.26%)
Prev Close
£3.84
Open
£3.79
Day's High
£3.85
Day's Low
£3.72
Volume
6,229
Avg. Vol
990,230
52-wk High
£6.25
52-wk Low
£3.72

Latest Key Developments (Source: Significant Developments)

GB Auto Q1 Consol Profit Falls
Sunday, 12 May 2019 

May 12 (Reuters) - GB AUTO ::Q1 CONSOL NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS EGP 16 MILLION VERSUS EGP 33.5 MILLION YEAR AGO.Q1 CONSOL SALES EGP 5.88 BILLION VERSUS EGP 4.76 BILLION YEAR AGO.  Full Article

GB Auto Seeks Shareholders Approval For Merger Of R.G. Investment With Co
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - GB AUTO ::CALLS SHAREHOLDERS MEETING ON MARCH 24 TO APPROVE MERGER OF R.G. INVESTMENT WITH CO AT BOOK VALUE BASED ON DEC 31, 2018 FINANCIAL POSITION.  Full Article

GB Auto Posts Q4 Consol Profit
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - GB AUTO ::Q4 CONSOL NET INCOME EGP 93.8 MILLION VERSUS LOSS OF EGP 222.6 MILLION YEAR AGO.Q4 CONSOL TOTAL SALES REVENUE EGP 7.04 BILLION VERSUS EGP 5.48 BILLION YEAR AGO.  Full Article

Egyptian Exchange Says Deal Executed On GB Auto's 2.7 Mln Shares
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - EGYPTIAN EXCHANGE::SAYS DEAL EXECUTED ON GB AUTO'S 2.7 MILLION SHARES FOR TOTAL VALUE OF EGP 14.4 MILLION.  Full Article

GB Auto Posts Q3 Profit
Sunday, 11 Nov 2018 

Nov 11 (Reuters) - GB AUTO ::Q3 NET INCOME EGP 240.4 MILLION VERSUS LOSS OF EGP 138.9 MILLION YEAR AGO.Q3 TOTAL SALES REVENUE EGP 7.92 BILLION VERSUS EGP 5.03 BILLION YEAR AGO.  Full Article

Egypt's GB Auto Plans To Sell Upto 20 Pct Stake In MNT Investment
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - GB AUTO ::PLANS TO SELL A STAKE OF UPTO 20 PERCENT IN MNT INVESTMENT.SAYS ADVISOR COMPLETED FAIR VALUE STUDY OF THE STOCK PRICE AT EGP 253.36 PER SHARE FOR A TOTAL OF 2 MILLION SHARES FOR MNT.BOARD HAS APPROVED PLAN TO SELL UP TO 20 PERCENT STAKE IN MNT INVESTMENT AFTER FAIR VALUE STUDY.  Full Article

GB Lease Places EGP 355 Mln Securitized Bond Offering
Sunday, 8 Jul 2018 

July 8 (Reuters) - GB AUTO ::GB LEASE PLACES MAIDEN LE 355 MILLION SECURITIZED BOND OFFERING.THE OFFERING CONSISTS OF THREE TRANCHES WITH TENORS OF 13, 36, AND 60 MONTHS.PROCEED FROM TRANSACTION WILL BE USED TO DELEVERAGE GB LEASE'S BALANCE SHEET TO IMPROVE LIQUIDITY POSITION, CREATE NEW BORROWING LIMITS WITH LENDER BANKS.FIRST TRANCHE CONSISTS OF LE 154 MILLION, 13-MONTH NON-CALLABLE BOND WITH VARIABLE YIELD OF 55 BPS OVER NET AFTER TAX RETURN ON 182-DAY EGYPTIAN TREASURY BILLS.SECOND TRANCHE CONSISTS OF LE 167 MILLION , 36-MONTH CALLABLE BOND WITH VARIABLE YIELD OF 110 BPS OVER NET AFTER TAX RETURN ON 182-DAY EGYPTIAN TREASURY BILLS.THIRD TRACHE OF A LE 34 MILLION, 60-MONTH CALLABLE BOND WITH A VARIABLE RETURN OF 170 BPS OVER NET AFTER TAX RETURN ON 182-DAY EGYPTIAN TREASURY BILLS.  Full Article

Gb Auto Shareholders Approve R.G. Investment Merger
Tuesday, 15 May 2018 

May 15 (Reuters) - GB Auto SAE ::SHAREHOLDERS GIVE INITIAL APPROVAL FOR MERGER OF R.G. INVESTMENT WITH CO AT BOOK VALUE.  Full Article

GB Auto Board Approves Merger With R.G. Investment
Monday, 16 Apr 2018 

April 16 (Reuters) - GB AUTO ::BOARD GIVES INITIAL APPROVAL FOR MERGER OF R.G. INVESTMENT WITH CO AT BOOK VALUE.  Full Article

Egypt's GB AUTO FY Loss Narrows
Sunday, 4 Mar 2018 

March 4 (Reuters) - GB AUTO SAE ::FY CONSOL NET LOSS ATTRIBUTABLE TO SHAREHOLDERS EGP 666.9 MILLION VERSUS LOSS OF EGP 865.7 MILLION YEAR AGO.FY CONSOL SALES EGP 17.66 BILLION VERSUS EGP 15.29 BILLION YEAR AGO.  Full Article