Wednesday 28/January/2026 – 10:17 AM
Synergy Securities Trading Company announced that… Al-Jarhi Investment and Development raised its stake in the capital of EFG Holding Company from 3.789% to 3.884%, according to a company disclosure today to… Egyptian Stock Exchange.
The company added that the Al-Garhy Group bought 1.354 million shares with a total value of 39.193 million pounds, at an average price of 28.9350 pounds per share, and the percentage of related groups, including the client, increased after the implementation of the deal to 10.090%.
The percentages of shares of groups related to the shareholder were as follows:
- Egyptian Steel Company: 2.304%
- Egyptian Company for Iron and Steel Products: 0.003%
- Gamal Abdel Qader Abdel Basir: 3.848%
- Dalia Gamal Abdel Qader: 0.020%
- Misr National Steel – Ataqa: 0.031%
Al-Garhi Group increases its stake in the capital of EFG Holding
Earlier, the Committee for Examining Economic Concentration Notification Files at the Competition Protection and Monopolistic Practices Authority decided to approve a number of recently submitted economic concentration requests.
The decisions were as follows:
Approval of the acquisition request of Royal HZ BCB Group. in. 100% of the total shares of IBM Potato Group Limited.
Approval of the request for Al-Garhi Investment and Development Group, in cooperation with the Egyptian Steel Company, the Egyptian Iron and Steel Products Company, Amal Ezzat Rabie Mohamed Al-Garhi, and Dalia Gamal Abdel Qader Al-Garhi, to acquire 5.02% of the total shares of EFG Holding Group.
