Elsewedy’s chairman increases stake to 24%

Cairo – Mubasher: Elsewedy Electric Company said Monday that its Chairman, Sadiq Al Sewedy, raised his stake in the company from 23.94% to 24.10% through purchasing 359,500 shares.

According to a bourse filing, the average price reached EGP 45 per share, totalling EGP 16.18 million.

The stock rose today by 0.11% to EGP 45.05.

Mubasher Contribution Time: 09-May-2016 21:54 (GMT)
Mubasher Last Update Time: 09-May-2016 21:54 (GMT)