March 18 (SeeNews) - Bulgarian plastic and rubber products manufacturer Formoplast [BUL:4F8] said on Wednesday that local insurer Euroins has decreased its stake in the company to 4.9814%.
Euroins currently holds 189,237 shares in Formoplast, the latter said in a bourse filing.
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Formoplast did not say how many shares Euroins owned before the decrease of its shareholding interest. Euroins controlled 6.94% interest in Formoplast in early January.
Formoplast shares traded at a price of 5.75 levs ($3.24/2.94 euro) on the Bulgarian Stock Exchange.
(1 euro = 1.95583 levs)
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