EFG Hermes Concludes Advisory on the Accelerated Bookbuild (ABB) of Valu Shares, Underscoring Market Resilience and Investor Appetite
EFG Hermes, an EFG Holding company and the leading investment bank in MENA, announced today the successful conclusion of its advisory role on the Accelerated Bookbuild (ABB) secondary share sale in Valu, Egypt’s leading universal financial technology platform. The transaction involves the placement of 53.8 million shares, representing 2.55% of the share capital of Valu
EFG Hermes acted as the financial advisor and bookrunner on the deal, leveraging its market-leading execution capabilities and integrated sales platform to maintain orderly market performance within an accelerated timeframe. The successful execution of this ABB highlights the Egyptian Exchange’s (EGX) resilience and the continued attractiveness of Egyptian capital markets
Maged El Ayouti, Co-Head of Investment Banking at EFG Hermes, commented: “This transaction exemplifies our broader efforts to deepen and grow access to liquidity in the region’s capital markets and our increasing activity in follow-on equity transactions that EFG Hermes has executed recently. This follows Valu’s successful listing on the EGX last year and strong share price performance, highlighting the company’s strong momentum and further strengthening investor interest in Valu’s growth story. It stands among a series of offerings that have reignited investor appetite for equities, a continuation of the momentum for new listings and follow-on offerings, following a muted ECM activity during last month against a backdrop of elevated geopolitical risk
In 2025, EFG Hermes advised on 18 equity capital market (ECM) transactions, 16 debt capital market (DCM) transactions, and 8 M&A transactions across the region, with notable engagements in Saudi Arabia, the UAE, Oman, and Egypt. These activities highlight the firm’s leadership in regional capital markets and its ongoing role in connecting regional and international investors with strategic opportunities
