Cairo – Mubasher: El Wadi for Touristic Investment said Mansoor Ahmed Zaher, a shareholder, purchased 23,000 shares in the company, thus increasing his stake to 6.42% rather than 6.29%.

The deal was carried out at an average quote of EGP20.59 per share, totaling EGP472,570.

Early in 2016, the same shareholder increased its stake to 5.02%.

The company is capitalized at EGP182 million, distributed over 18.2 million shares at a par value of EGP10 each.

By 11:00am Cairo time, the stock quote reached EGP19.67, 2.62% higher.