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Raya Holding sees EGP 12m block-trading deal

Raya Holding sees EGP 12m block-trading deal
The transaction involved 2 million shares
Raya
RAYA
-6.16% 3.96 -0.26

Cairo – Mubasher: Raya Holding for Financial Investments witnessed a block-trading deal worth EGP 12.28 million on the Egyptian Exchange (EGX).

The deal involved 2 million shares traded at a value of EGP 6.14 per share as part of the employee incentive programme, according to a bourse statement on Tuesday.

During the first half (H1) of 2020, Raya Holding incurred net losses of EGP 95.529 million, up from EGP 50.944 million in H1-19.