Investor raises stake in Utopia to 5.5%

Updated 3/5/2017 10:54:02 AM

ArabFinance: Utopia For Real Estate and Tourism Investment (UTOP) announced in a statement sent to EGX, the investor Gouda Youssef Mohamed Abou Zeid purchased 18,1000 shares.

Abou Zeid's stake after deal execution has become 5.585% of the company’s capital from 4.981%.

Abou Zeid purchased the shares in a deal worth LE124,890 at an average price of LE6.90 per share.