Ty Communication sells EGP 1.44M stake in Prime Holding

Updated 7/26/2022 3:06:14 PM

Arab Finance: Ty Communication has sold 3 million shares in Prime Holding (PRMH) at a value of EGP 1.44 million, equivalent to an average price of EGP 0.48 per share, according to a disclosure filed to the Egyptian Exchange (EGX) on July 26th.

Accordingly, Ty communication’s ownership in Prime Holding fell to 5.428% from 6.285%.

Prime Holding is an EGX-listed company, which provides investments and financial services for corporations, institutions, government entities, and individuals within Egypt and abroad.