Cairo-Mubasher: Barbary Investment Group stated that the ownership ratio of its shareholder Mansour El Barbary has declined from 24.69% to 19.71%.
Around 1.5 million shares were mandatory sold for EGP 1.165 million, noting the transaction was carried out by El Tawfik Brokerage.
Earlier, Mansour El Barbary accused El Tawfik Brokerage of selling its shares in BIG without informing him.
BIG saw an increase of 12% y-o-y to EGP 1.2 million in net profits for the first half of 2015.
