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Shareholder ups stake in Mansourah Poultry in EGP 9.4M transaction

Shareholder ups stake in Mansourah Poultry in EGP 9.4M transaction

ArabFinanceMansourah Poultry (MPCO) announced that shareholder Seif Mahmoud Gaballah has raised his stake in the company to 10.527% from 9.090%, according to a filing to the Egyptian Exchange (EGX).

This comes after the shareholder has purchased 5.835 million shares in the company at an average price of EGP 1.615 per share.

The shares’ purchase transaction has been carried out at a total value of EGP 9.42 million.

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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04 Oct 2021
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