Belgrade Stock Exchange drops Sojaprotein from Open Market segment

The decision came into effect after the closure of the session on October 31, the Belgrade Stock Exchange said in a statement on Thursday.

Sojaprotein was also excluded from the BelexFIX Financial Information eXchange protocol-based platform of the Belgrade Stock Exchange.

Last month, Serbian agro-industrial conglomerate Victoria Group carried out a squeeze-out of the 1,326,291 shares in Sojaprotein it did not own.

Sojaprotein was excluded from the blue-chip BELEX15 index and free-float market capitalisation weighted index BELEXline on October 11.

The soybean processing company was one of 11 members of the BELEX15 and accounted for 0.73% of the total capitalisation of the index. The BELEX15 now consists of ten members.