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Zeta Investment raises stake in Mansourah Poultry

Zeta Investment raises stake in Mansourah Poultry

ArabFinance: Zeta Investment Ltd has raised its stake in Mansourah Poultry (MPCO) to 9.05% from 8.73%, according to a filing to the Egyptian Exchange (EGX).

This came after Zeta Investment purchased 1.306 million shares in Mansourah Poultry at a total value of EGP 1.56 million, equivalent to an average price of EGP 1.198 per share.

On the other hand, shareholder Mohamed Mahmoud Hassan Gab Allah has purchased 100,000 shares on Mansourah Poultry at an average price of EGP 1.17 per share, raising his stake to 2.283% from 2.259%, according to a separate filing.

Mansoura Poultry is an Egypt-based public shareholding company specialized in poultry farming and its related activities. The firm produces poultry products for breeding purposes for the production of hatching eggs and day-old chicks.

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