Dubai-Mubasher: GFH Financial Group sold 123 million shares or 5.45% of its capital to UAE’s Integrated Capital Company, according to a bourse filing.
GFH, which is listed on Kuwait, Dubai and Bahrain, noted that the acquisition deal was sealed in December 2015.
The group’s total number of shares is 2.257 billion.
At the Kuwaiti bourse, GFH stock rose 1.25% at 9:55 am Kuwait local time to reach 40.5 fils, after five million shares were traded with a total value of about KWD 201,500.
Meanwhile, at the Dubai bourse, the stock retreated 0.2% to settle at AED 0.488 with a volume of 33 million shares that generated AED 16.2 million.
