Vertika Programming rights issue was covered by 95.15% in the first phase, after a total of 1.12 million shares were subscribed to.
Nearly 57,100 shares are remained unsubscribed, said the company in a bourse statement.
The company suffered EGP 567,700 in losses for 2014, against EGP 270.2 million in profits for 2013.
Vertika is currently capitalised at EGP 2.3 million, distributed across 2.3 million shares at EGP 1 par value each.
