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.
REUTERS/Mohamed Abd El Ghany
By Staff Writer, Arab Finance
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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