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Pin to quick picksInt Diag Hld Share News (IDHC)

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Share Price: 0.313
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Change: -0.002 (-0.63%)
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IN BRIEF: IFC picks up 5% stake in Integrated Diagnostics

Fri, 01st Apr 2022 19:21

Integrated Diagnostics Holdings PLC - consumer healthcare firm with operations in Egypt, Jordan, Sudan, and Nigeria - IFC Middle East & North Africa Fund acquires 5% interest in company, which forms part of USD60 million debt financing package which will go towards IDH's expansion plan.

"Over the years, we have had the opportunity to collaborate with the IFC on several different fronts starting with our co-investment in Nigeria in 2018, where we have jointly deployed millions of dollars to bring best-in-class medical diagnostic practices and technology to Africa's most populous country. More recently, we partnered with IFC on a USD60 million debt financing package which will be used to finance our expansion into Pakistan," says Chief Executive Officer Hend El Sherbini.

Current stock price: USD1.20

12-month change: up 9.1%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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24 May 2024 21:46

IN BRIEF: Integrated Diagnostics firms delisting on Egyptian Exchange

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Copyright 2024 Alliance News Ltd. All Rights Reserved.

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25 Oct 2023 20:19

IN BRIEF: Integrated Diagnostics CEO buys 2.0m shares

Integrated Diagnostics Holdings PLC - consumer healthcare firm with operations in Egypt, Jordan, Sudan and Nigeria - Chief Executive Officer Hend El Sherbini has purchased 2.0 million shares between October 10 and October 16. Purchases were made by Hena Holdings Ltd, the vehicle through which El Sherbini owns her shares. Hena Holdings remains Integrated Diagnostics's single largest shareholder, with 162.4 million shares and a 27% stake. Hend El Sherbini says: "The decision to further increase my stake in the company underscores my confidence in the strength and resilience of IDH's business model and in its growth potential over the coming years."

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17 Oct 2023 14:26

IN BRIEF: Integrated Diagnostics CEO buys 1.1 million more shares

Integrated Diagnostics Holding PLC - consumer healthcare firm with operations in Egypt, Jordan, Sudan, and Nigeria - Chief Executive Officer Hend El Sherbini buys 1.1 million shares via Hena Holdings Ltd at USD0.4889 each on Monday in London. The shares are worth USD517,613 in total.

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14 Jun 2023 16:29

IN BRIEF: Hena buys 150,000 shares in Integrated Diagnostics

Integrated Diagnostics Holdings PLC - Jersey-based consumer healthcare firm specialising in diagnostic tests - Says Hena Holdings PLC, closely associated to Integrated Diagnostics Chief Executive Officer Hend El Sherbini, buys 150,000 shares in Integrated Diagnostics at a price of USD0.3820 each on Monday. Total aggregate value is GBP57,300.

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