Shareholder raises stake in El Badr Plastic

Updated 11/29/2021 2:45:34 PM

ArabFinanceEl Badr Plastic Company (EBDP) announced that shareholder Mohamed Ragab Mohamed has raised his stake in the company to 3.09% from 2.90%, according to a filing to the Egyptian Exchange (EGX).

This came after the shareholder purchased 45,000 shares in El Badr Plastic.

The transaction has been carried out at a total value of EGP 60,750, equivalent to an average price of EGP 1.35 per share.

Founded in 2002 and listed on EGX in 2008, El Badr Plastic specializes in providing plastic packaging solutions to meet all packaging and design needs.