Atlantica Holdings buys additional stake in Speed Medical for EGP 6.4M

Updated 7/6/2022 10:36:00 AM

Arab Finance: Atlantica Holdings Inc. has purchased 12.60 million shares or 1.136% stake in Speed Medical Company (SPMD) at a total value of EGP 6.43 million, raising its stake in the company to 15.011% from 13.875%, according to a filing to the Egyptian Exchange (EGX) on July 6th.

The transaction was carried out by Arqaam Securities Brokerage on July 5th.

Established in December 2015 and listed on the EGX in March 2019, Speed Medical is a Cairo-based company that operates in the healthcare sector.

Related News