Vertika’s board greenlights capital raise via bonus shares

The board members of Vertika for Industry and Trade approved increasing the company’s issued capital to EGP 6.680 million from EGP 5.138 million by distributing 1.5:5 bonus shares, according to a statement.

Vertika offers information technology and business consulting services while developing and distributing software and applications.

The EGX-listed company also provides telecommunication infrastructure development and internet education services.