ArabFinance: Dice Sport and Casual Wear stated that its shareholder Nagy Thomas sold 10.2 million shares of EGP 34.278 million, according to the company statement filed to the Egyptian Exchange.
Thomas decreased his stake from 22.93% to 21%.
The companys board of directors approved a 1:2 stock split.
Dice is an Egypt-based company engaged in the casual wear garments and textile industry.
The company manufactures and distributes ready-made casual wear made of pure and mixed cotton, polyester, and viscose fabrics in different types, as well as other knitting products.
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