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Prime Holding chairman sells 8.29m shares

Prime Holding chairman sells 8.29m shares
The Egyptian Exchange
Prime Holding
PRMH
-1.23% 0.72 -0.01

Cairo – Mubasher: Prime Holding chairman Shireen Abdel Raouf Mohamed Alkady has reduced its stake in the company from 11.39% to 0.00686%.

Alkady sold 8.29 million shares for EGP 40.65 million at a price of EGP 4.9 per share, according to a bourse filing released on Wednesday.

The company said earlier today that TY Communication Contracting and Mobile Services has increased its stake in Prime Holding to 11.39% after buying 8.29 million shares at a price of EGP 4.9 per share, totalling EGP 40.65 million.