ArabFinance: Al Moasher for Programming and Information Dissemination (AMPI) announced that shareholder Sherif Sayed Hafez has sold 500,000 shares for an average price of EGP 2.67 per share, according to a filing to the Egyptian Exchange (EGX).
Accordingly, the shareholder’s stake in the company fell to 9.57% to 10%.
The total value of the transaction stood at EGP 133,542.
Established in 2003, Al Moasher operates within the software and services sector focusing on application software.