Shareholder ups stake in ICMI 

Updated 1/18/2022 4:14:00 PM

ArabFinance:?International Company for Medical Industries?(ICMI)?announced that shareholder Mahmoud Mohamed Shaaban Selim has raised his stake in ICMI to 13.87% from 5.99%, according to a?shareholding disclosure filed to the Egyptian exchange (EGX). 

This came after the shareholder purchased 6.55 million shares in the company. 

The transaction has been carried out at a total value of EGP 6.71, equivalent to EGP 1.025 per share. 

Established in 2004, ICMI operates within the health care equipment and services sector focusing on health care equipment.