Bukhamseen sells a bloc of 3.5 million shares in EGB, holds 2.24% stake post-transaction
Egyptian Gulf Bank (EGB) issued a release on the Egyptian stock exchange stating that one of its shareholder, Mohamed Ben Yassin Ben Ali Bukhamseen, sold a bloc of 3.5 million shares. Bukhamseen stake fell from 3.46% to 2.24%. (Company disclosure) Egyptian Gulf Bank: USD1.00 as of 9 Feb. 2017, Rating: Neutral, TP: USD1.22/share, MCap: USD288mn, EGBE EY/EGBE.CA
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