Egyptian Gulf Holding cuts stake in Prime Holding to 6.5%

The company sold 10mln shares in Prime Holding

Staff Writer, Arab Finance

June 10, 2023

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Egyptian Gulf Holding for Financial Investments reduced its stake in Prime Holding (PRMH) to 6.54% from 9.39%, according to a shareholding disclosure on June 8th.

The company sold 10 million shares in Prime Holding in a deal worth EGP 5.789 million.

Prime Holding is an EGX-listed company, which provides investments and financial services for corporations, institutions, government entities, and individuals within Egypt and abroad.

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