Kingsway Fund Reduces Stake in Edita Food Industries to 5.02%
Kingsway Fund Frontier Consumer Franchises has reduced its stake in Edita Food Industries from 5.17% to 5.02% of the company’s share capital.
In a disclosure to the Egyptian Exchange, Edita stated that the fund sold 2 million shares from its holdings at an average selling price of EGP 29.093 per share.
The total value of the transaction amounted to approximately EGP 58.19 million, and was executed through EFG Hermes International for Securities Brokerage.
It is worth noting that Edita Food Industries’ consolidated financial statements for the first nine months of 2025 showed an increase in profits, reaching EGP 1.72 billion, compared with profits of EGP 1.25 billion during the same period of 2024.