February 26 (SeeNews) - Croatian hotel operator Medora [ZSE:HPDG] said that local investment firm Agram Invest has lowered its stake in the company to 13.6793%.
Agram sold 261,000 shares, representing a 3.3054% stake in Medora, in a transaction on February 22, according to a notice that Medora filed with the Zagreb bourse on Thursday.
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The value of the transaction and the buyer of the shares were not disclosed in the filing.
Medora's shares last traded on the Zagreb bourse on February 24, closing 3.7% higher at 11.3 kuna ($1.8/1.5 euro).
(1 euro = 7.5771 kuna)