Shareholder ups stake in Egyptians for Investment

Updated 12/8/2021 3:12:08 PM

ArabFinance: Egyptians for Investment and Urban Development (EIUD) announced that shareholder Mohamed bin Saleh bin Abdul Aziz Al-Rajihi has purchased 150,000 shares in the company, according to a shareholding disclosure filed to the Egyptian Exchange (EGX).

Accordingly, the shareholder’s stake in the company rose to 5.30% from 4.99%.

The transaction has been implemented at a total value of EGP 988,500, equivalent to an average price of EGP 6.59 per share.