Egypt's Grand Capital sees changes in shareholding structure

Shareholder Ahmed Fouad Mohamed has raised his stake in the company to 9.72% from 4.31% after purchasing 422,000 shares

  
The Egyptian Exchange bell is seen at the stock exchange in Cairo, March 12, 2015.

The Egyptian Exchange bell is seen at the stock exchange in Cairo, March 12, 2015.

REUTERS/Mohamed Abd El Ghany
 

Egypt - Grand Capital for Financial Investments (GRCA) has witnessed changes in its shareholding structure as shareholder Dima Ahmed Fouad Mohamed sold her 5.41% stake in the company, for an average price of EGP 13.65 per share, according to a filing to the Egyptian Exchange (EGX).

Meanwhile, shareholder Ahmed Fouad Mohamed has raised his stake in the company to 9.72% from 4.31% after purchasing 422,000 shares at an average price of EGP 13.56, according to a separate filing.

Established in 2007, Grand Capital provides direct investments in the financial services sector.

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