November 15 (SeeNews) - Bosnia's Banja Luka Stock Exchange (BLSE) said it has delisted the shares of local pastry producer Mira [BANJ:MIRA-R-A] following the company's transformation into a limited liability company.
The decision took effect immediately, the stock exchange operator said in a statement on Friday.
Mira said in October its shareholders have approved a plan to transform it from a joint stock entity into a limited liability company and delist its shares from the Banja Luka bourse. Under the plan, Mira's share capital divided into 18,473,634 ordinary shares will be converted into stock owned by its sole shareholder, Croatian confectionery producer Kras [ZSE:KRAS].
The company's total share capital will remain unchanged at 18.5 million marka ($10.9 million/9.5 million euro).
(1 euro = 1.95583 marka)