Mobinil and OTMT shares suspended pending disclosure

Reuters, Monday 13 Feb 2012

OTMT and Mobinil's trading suspension is extended on Monday pending outcome of discussions between France Telecom and OTMT

Mobinil and Orascom Telecom Media and Technology (OTMT) shares remained suspended at the start of trade on Monday pending further disclosures on a planned France Telecom purchase of Mobinil shares, the Egypt stock exchange said.

Trade had been suspended since Thursday pending an announcement of the outcome of discussions between France Telecom and OTMT.

"We are waiting for further disclosures before lifting the suspension," an exchange spokesman said.  

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