Egypt - Mansourah Poultry (MPCO) announced that its shareholder Saif Mahomud Hassan Gab Allan has purchased 6.04 million shares in the company, according to a filing to the Egyptian Exchange (EGX).

As a result, the shareholder’s stake in the company has been raised to 5.814% from 4.326%.

The total value of the transaction amounted to EGP 9.50 million, equivalent to EGP 1.52 per share.

Mansoura Poultry is an Egypt-based public shareholding company specialized in poultry farming and its related activities. The firm produces poultry products for breeding purposes for the production of hatching eggs and day-old chicks.

 

Copyright © 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.