Cairo - Mubasher: EFG - Hermes announced that related groups have sold nearly 13 million shares in the company for EGP 103.6 million.
SKAGEN GLOBAL has sold 9.930 million shares or 0.78% for EGP 79.12 million.
Meanwhile, SKAGEN GLOBAL II sold nearly 2.9 million shares or 0.24% at EGP 23.2 million.
In addition, SKAGEN GLOBAL III sold 160,000 shares or 0.01% for 1.3 million.
EFG Hermes reported net profits of EGP 536.51 million for the first nine months of 2015, up 2% from EGP 525.97 million a year earlier.
The first tranche amounts to 2.9 million shares or 0.24% at total value of EGP 23.2 million, while the second tranche amounts to 160,000 shares.
