Shareholder purchases 5.38M shares in Mansourah Poultry

Updated 11/29/2021 11:42:18 AM

ArabFinanceMansourah Poultry (MPCO) announced that shareholder Mahmoud Hassan Gaballlah has raised his stake in the company to 5.48% from 4.154%, according to a filing to the Egyptian Exchange (EGX).

This comes after the shareholder has purchased 5.38 million shares in the company at an average price of EGP 1.198 per share.

The shares’ purchase transaction has been carried out at a total value of EGP 6.45 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.