Dubai – Mubasher: The investment group GFH topped the trading in Dubai Financial Market (DFM) on Sunday after announcing that its Dubai-based subsidiary completed the sale of its remaining 18% stake, or 3.5 million shares in Leeds United FC.

By 12:00am UAE time, the company's stock rose 2% to AED 1.04, achieving liquidity of AED 51.7 million through exchanging 49.6 million shares.

In Bahrain Bourse, the share stood at BHD 0.285, with a turnover of BHD 2,560 through trading 9,000 shares.

Moreover, in Kuwait Stock Exchange, GFH stock reached 84 fils, through trading 880,110 shares at a value of KWD 74,540.

The Group stated that by this sale, the club's total value reaches GBP 50 million, the company said, disclosing no further details as per the confidentiality terms.

Mubasher estimated the cost of this transaction at roughly GBP 9 million ($11.7 million).