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Investor ups stake in Egysacom to 10.97%

Investor ups stake in Egysacom to 10.97%
Telecommunication tower
Egysacom
ESAC
-12.50% 0.07 -0.01

Cairo – Mubasher: Egypt- South Africa for Communication (Egysacom) said an investor bought 3,500 shares raising his stake in the company to 10.97%.

The average buying price stood at EGP 98 piaster per share at total value of EGP 3.43 million.

Egysacom is capitalized at EGP 6.39 million distributed across 31.9 million shares at EGP 20 piaster par value each.