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Shareholder sells 26.3M shares of Egyptian Systems

Shareholder sells 26.3M shares of Egyptian Systems

Shareholder Mahmoud Hassan Jabballa sold approximately 26.3 million shares of Modern Egyptian Systems for Education, worth around 20.65 million EGP, leading to a decrease in his ownership stake in the company from 6.426% to 3.807%. The transaction was executed through Royal Securities and Bond Trading Company at an average price of 0.785 EGP per share. This move is part of a series of transactions by shareholders aimed at reducing their holdings in the company.

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