GFH Financial Group (the Group) announces the sale of 95,814,846 treasury shares, representing 2.5% of its total issued shares, to Massarah Investment Company, a firm owned by the Al Mutlaq Family based in Riyadh, Saudi Arabia. Following this transaction, the Group’s total treasury shares will amount to 156,733,547, representing 4.09% of issued shares, net of the bank’s allocation for its incentive program.
