Integrated Engineering Group witnesses change in shareholding structure

Updated 9/8/2021 12:28:00 PM

ArabFinance: Integrated Engineering Group (INEG) has witnessed a change in its shareholding structure as shareholder Hussein Youssef Ahmed Rezq has sold 2.05 million shares in the company for an average price of EGP 0.414 per share, according to a filing to the Egyptian Exchange (EGX).

As a result, the shareholder’s share has been cut to 4.87% from 6.2%.

The shares’ sale transaction has been executed at a total value of EGP 849,329.

Integrated Engineering Group is an Egypt-based public company listed on the EGX in 2014. The company operates within the capital goods sector focusing on construction and engineering.