EZZ Steel Company - S.A.E.
Cairo, 07 June 2021 - Ezz Steel (EGX: ESRS; London Stock Exchange: AEZD),
Further to the company's earlier announcement, the company discloses that the following insider trading transaction has been executed on 07 June 2021:
Investor Mr. Ahmed Abdel Aziz Ezz will be purchased 181,512,348 shares from Al Ezz Holding for Industry and Investment. The shareholding of Mr. Ahmed Abdel Aziz Ezz increased 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 decreased 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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