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Investor raises stake in Samad Misr to 5.01%

Investor raises stake in Samad Misr to 5.01%
Photo Credit: Arabianeye - Reuters
EGYFERT
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-11.12% 43.00 -5.38

Cairo-Mubasher: Samad Misr Co. said an investor raised his stake in the company to 5.01% from 4.87%.

The investor raised his stake through buying 12,680 stocks worth EGP 30,590 at EGP 2.41 per share.

Samad Misr is capitalised at EGP 48 million, distributed across 9.6 million shares at EGP 5 par value each.