ArabFinance: Egyptians for Investment and Urban Development (EIUD) announced that shareholder Khaled bin Assaf bin Muhammed Al Awaji has purchased 1.117 million 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 7.6% from 4.9%.
The transaction has been implemented at a total value of EGP 7.74 million, equivalent to an average price of EGP 6.59 per share.