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Investor increases his stake in Reacap Financial Investments to 5.038%

Investor increases his stake in Reacap Financial Investments to 5.038%

ArabFinance: Reacap Financial Investments (REAC) said Muhammad Elateaby purchased 1,850,000 shares from its shares. 

Elateaby stake after deal execution has become 5.038% of the company’s capital from 3.296%.

It is worth to mention the deal amount is LE11,822,479 at an average price of LE6.39 per share.

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