Arab Finance: Pioneers Properties for Urban Development (PRE Group) witnessed a block-trading deal valued at EGP 138.750 million, according to a bourse filing issued on the Egyptian Exchange (EGX) on July 22nd.
The transaction was executed on 15 million shares.
Earlier this week, Banader Investment acquired a 1.910% stake in PRE Group for a total value of EGP 175 million. The company purchased 20 million shares at an average price of EGP 8.75 per share.