egypt gas company -sae (CASE:EGAS) acquired additional 11% stake in The Egyptian For Gas Distribution from Egyptian Natural Gas Co. on March 2, 2020. As part of this transaction, the ownership of 19.4 million shares in Town Gas has been transferred to Egypt Gas. On completion of this transaction, egypt gas company will hold 41% stake in The Egyptian For Gas Distribution. egypt gas company -sae (CASE:EGAS) completed the acquisition of additional 11% stake in The Egyptian For Gas Distribution from Egyptian Natural Gas Co. on March 2, 2020.