Raouf Ghabbour raises stake in GB Auto to c2.9%, from c0.9%
Raouf Ghabbour, CEO and Chairman of GB Auto [AUTO.CA], raised his stake in the company to 2.894% from 0.904%. Ghabbour purchased 21.88mn shares (at an average price of EGP4.77/share), raising his total number of shares owned to 31.77mn shares.
GB Auto: EGP4.86 as of 6 Dec. 2018, Rating: Buy, TP: EGP7.50/share, MCap: USD296mn, AUTO EY/AUTO.CA
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