DFM announces AED 76m direct deal on Amanat's shares

SectorFinancial Markets
CountryUnited Arab Emirates

Dubai – Mubasher: The Dubai Financial Market (DFM) has announced a direct deal implemented on the shares of Amanat Holdings at a total value of AED 76.32 million. The deal was executed on around 90 million shares at a price of AED 0.848 per share, according to a press release on Thursday. Sheikh Theyab bin Zayed bin Sultan Al Nahyan acquired about 5.64% of the company's shares. It is noteworthy to mention that in May 2016, the DFM launched 'Direct Deals' service to enable investors and brokerage firms to accomplish bulky deals on shares of a listed company without being bound by the price limits applied in the market. ...read more...