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Block Trade of 16.67 percent Shares of Esfahan Steel Company on Iran Fara Bourse (IFB)

2018/02/26 | 15:02 code : 8819 -
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Block trade of 16.67 percent shares of Esfahan Steel Company to take place on 6th March 2018 through Iran Fara-Bourse (IFB) by Iran Privatization Organization.
Block Trade of 16.67 percent Shares of Esfahan Steel Company on Iran Fara Bourse (IFB)

Block trade of 16.67 percent shares of Esfahan Steel Company to take place on 6th March 2018 through Iran Fara-Bourse (IFB) by Iran Privatization Organization.
Public Relations liaison of Iran Privatization Organization (IPO) reported total number of 5,530,671,012 stocks of Esfahan Steel Company is to be divested through Iran Fara-bourse (IFB) by IPO and on behalf of Iran Steel Pension Fund on 6th March 2018.
According to this report this block trade accounting for 16.67 percent of Esfahan Steel Co. is totake place on Iran Fara-Bourse with base value of 750 Rials per share on the condition of 10 percent cash sale and 90 percent in 8-year installments with 13 percent annual rate.

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