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Al Majid Investment cuts its stake in Lecico Egypt to 1.34%

Al Majid Investment cuts its stake in Lecico Egypt to 1.34%

ArabFinance: Lecico Egypt (LCSW) said Al Majid Investment has sold 3,093,886 shares from its shares.

Olayan Group stake after deal execution has become 13.80% of the company’s capital from 5.20%.

It is worth to mention the deal amount is LE20,110,259 at an average price of LE6.5 per share.

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