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.