There are only 9.2 mn CIB shares, representing 0.8% of the total, left that could be traded as GDRs before hitting the regulatory maximum, Al Mal reported. EGX listing rules cap the amount of shares that can be traded as GDRs for any company to a third. For Edita, the EGX says only 10.7 mn shares are left before hitting the threshold. Edita’s situation is more complicated as only 30% of its shares are in free float, which restricts the amount that can be traded as GDRs to 25% of its share capital, given that the minimum amount of shares required to be listed on the EGX is 5%. Offshore companies looking to get profits and dividends out of Egypt have been snapping up shares of companies with GDRs, then exiting through sales in London, a practice common in the past year that has recently won international media attention.