}

PRE Group sees EGP 138.7M block-trading transaction

Updated 7/22/2026 1:47:00 PM
PRE Group sees EGP 138.7M block-trading transaction

Arab Finance: Pioneers Properties for Urban Development (PRE Group) witnessed a block-trading deal valued at EGP 138.750 million, according to a bourse filing issued on the Egyptian Exchange (EGX) on July 22nd.

The transaction was executed on 15 million shares.

Earlier this week, Banader Investment acquired a 1.910% stake in PRE Group for a total value of EGP 175 million. The company purchased 20 million shares at an average price of EGP 8.75 per share.

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