MNT-Halan’s private share offering was covered 11.2 times at EGP 24.50 per share, rising to 19.4 times when strategic investors were excluded, the fintech company said.
The offering forms part of a sale of 320 million shares by existing shareholder MNT Investments B.V., representing 20% of the company’s issued capital before a subsequent capital increase.
Of the shares on offer, 272 million were allocated to qualified investors through the private placement, while 48 million were reserved for the public offering in Egypt. The public subscription is scheduled to close on October 15, 2026.
More than 300 investors from over 10 countries submitted orders for the private placement, including investors from Egypt, Gulf Cooperation Council countries, the United Kingdom, France, Switzerland and South Africa.
Mounir Nakhla, MNT-Halan’s founder, CEO and managing director, said investor demand reflected confidence in the company’s financial services platform and growth prospects.
The company’s shares were listed on the Egyptian Exchange on September 14, 2026, under the ticker HALN.CA.
EFG Hermes acted as international coordinator and bookrunner for the offering, with local and international law firms providing legal advice.