Shareholder cuts stake in ICMI

Updated 1/13/2022 2:57:29 PM

ArabFinance: International Company for Medical Industries (ICMI) announced that shareholder Wael Assam Abdel Rahman Youssef has cut his stake in IMI to 4.75% from 5.0007%, according to a bourse filing.

This came after the shareholder sold 59,751 shares in the company.

The transaction has been carried out at a total value of EGP 85,477, equivalent to EGP 1.43 per share.

Established in 2004, ICMI operates within the health care equipment and services sector focusing on health care equipment.