Cairo - Mubasher: NUB HoldCo DMCC sold its entire 51.62 million shares, representing a 7.07% stake, in Taaleem Management Services.
The shares were sold at an average price of EGP 15.50 per share, bringing the total transaction value to EGP 800.24 million, according to a bourse filing.
The transaction, which had been executed in November 2025 through EFG Hermes International Securities Brokerage, reduced the investor’s holding in Taaleem Management to 0%.
During fiscal year (FY) 2024/2025, Taaleem Management registered higher consolidated net profits at EGP 579.63 million, compared with EGP 551.81 million in the FY that ended on 31 August 2024.