ArabFinance: Delta Construction & Rebuilding (DCRC) has witnessed a change in its shareholding structure as shareholder Ahmed Ramadan Ali Khalil has purchased 45,620 shares in the company at an average price of EGP 21.023 per share, according to a filing to the Egyptian Exchange (EGX).
Accordingly, Khalil has raised his stake in the company to 6.055% from 5.392%.
The purchase transaction has been implemented by Naeem Brokerage.
Delta is an Egypt-based public shareholding company engaged in the real estate investment sector.
The company’s activities include developing, owning, managing, buying, and selling residential real estate properties, as well as land subdivision and touristic projects development such as resorts and hotels.