MM Group for Industry and International Trade (MTI) announced today that Ebtikar - a leading investor in the Non-Banking Financial Services sector in Egypt (a joint venture between MM Group for Industry and International Trade S.A.E- "MTIE.CA" and B Investments Holding S.A.E- "BINV.CA") has acquired 4.83% of the shares of Masary for a total transaction value of EGP 21.4million, thus increasing Ebtikar's ownership from its current stake of 54.84% to reach 59.67%. The transfer ofthe shares was implemented and completed at the Egyptian Stock Exchange(EGX). It is noteworthy to mention that MTI holds a c.50.4% stake in Ebtikar.

Masary is a leading company operating in the Electronic Payments sector in Egypt with around 60,000 active Points of Sales. This Transaction will increase MTI's ownership in Masary from its current ownership of approximately 40% to reach approximately 41%.

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