RNS Number : 6252Z
EZZ Steel Company - S.A.E.
25 January 2022
EZZ Steel Company - S.A.E.
Cairo, 25 January 2022 - Ezz Steel (EGX: ESRS; London Stock Exchange: AEZD)
We refer to the company's disclosure on 9/12/2021 regarding the approval of the Board of Directors of Al-Ezz Dekheila Steel Company - Alexandria (EZDK), a subsidiary of Ezz Steel, to purchase 18% of the equity of the Egyptian Steel Company for Management of Steel Mills Projects (S.A.E.). The company advises that on 25/1/2022, the transfer of ownership of the shares to EZDK has been executed in the Egyptian Stock Exchange (EGX).
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