Cairo – Mubasher: Mohamed Ayman Abdel Khalek Korra, CEO of Korra Energy and Investment Projects, executed a purchase transaction on the company's capital increase subscription rights shares.
The CEO purchased 82.705 million shares of the company's subscription rights at an average price of EGP 2.48 per share.
The total value of the transaction amounted to approximately EGP 205.192 million, executed on October 18, 2026, through Wells Fargo Securities Brokerage.
The transaction resulted in an increase in the shareholder's ownership percentage from 68.46% prior to execution to 72.46% of the company's capital post-execution.
Meanwhile, the percentage of related groups stood at approximately 82.462% prior to execution, reaching 86.55% post-execution.
