Arab Finance: Gadwa for Industrial Development sold 79.586 million shares in Universal for Paper and Packaging Materials (Unipack) at a total value of EGP 32.232 million, or an average price of EGP 0.405 per share, according to a bourse disclosure.
Hence, Gadwa's stake in Unipack fell to 29.91% from 33.38%.
Aspire Security was the broker for the transaction, which was executed on August 18.
At the end of March 2026, Unipack reported a 72.36% year-on-year (YoY) drop in consolidated net profits attributable to the parent company to EGP 2.967 million, versus EGP 10.734 million.