RNS Number : 9519A
EZZ Steel Company - S.A.E.
07 June 2021
 

EZZ Steel Company - S.A.E.

Cairo, 06 June 2021 - Ezz Steel (EGX: ESRS; London Stock Exchange: AEZD),


The company announces that the following insider trading transaction will be executed during the period from 07 June 2021 to 06 July 2021:

Investor Mr. Ahmed Abdel Aziz Ezz will be purchasing 181,512,348 shares from Al Ezz Holding for Industry and Investment. The shareholding of Mr. Ahmed Abdel Aziz Ezz will increase from 175,420,791 shares (32.29% of total issued shares including GDR equivalent) to 356,933,139 shares (65.70%). The shareholding of Al Ezz Holding for Industry and Investment will decrease from 181,512,348 shares (33.41%) to zero shares. It should be noted that this is an internal restructuring with no change to the ultimate beneficiary.

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