Cairo – Mubasher: The Egyptian Exchange (EGX) announced that a block-trading transaction worth EGP 183.28 million was executed on the stock of Fawry for Banking Technology and Electronic Payments during Thursday’s trading session.
The deal involved the sale of 20.85 million shares at EGP 8.79 apiece, the EGX said in a statement on Thursday.
The company’s capital stands at EGP 353.6 million, distributed over 707.304 million shares at a nominal value of EGP 0.50 per share.
It is noteworthy that during the first nine months of 2019, Fawry’s net profits soared to EGP 76.25 million from EGP 51.6 million in the year-ago period, including minority shareholders’ rights.
