Odin Investments (CASE:ABRD) announced a private placement of 4.48 million shares at a price of EGP 2.5 per share for gross proceeds of EGP 11.2 million on September 3, 2020. The issued and paid-up capital of the company will increase from EGP 248.8 million to EGP 260 million. The transaction has been approved by Egyptian Exchange.