Cairo – Mubasher: Porto Group Holding announced Tuesday that Lantess International Limited lowered its stake from 9.34% to 8.99%, according to a bourse filing.
The investor sold 16.33 million shares at EGP 0.30 each, totaling EGP 4.89 million, the statement revealed.
Porto operates with EGP 455.9 million, divided into 4.5 billion shares at EGP 0.10 each.
Porto’s stock quote steadied at EGP 0.29 a share with a trading value of EGP 594,460 by 11:00am Cairo local time.
