Cairo – Mubasher: The Egyptian Exchange (EGX) announced the execution of several transactions on the shares of Taaleem Management Services as part of the restructuring scheme mentioned in the company's IPO prospectus. 

The transactions involved 380.11 million shares at a total value of EGP 1.74 billion, the EGX said in a statement on Sunday.

In the nine-month period ended 31 May, Taaleem Management Services achieved consolidated net profits of EGP 228.39 million, up from EGP 193.04 million in the year-ago period, including minority shareholders' rights.