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Bulgaria's NN Pension Insurance Co lowers stake in Stara Planina Hold

Author Mario Tanev
Bulgaria's NN Pension Insurance Co lowers stake in Stara Planina Hold Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic.

SOFIA (Bulgaria), March 25 (SeeNews) - Bulgarian diversified group Stara Planina Hold [BUL:5SR] said on Wednesday that local NN Pension Insurance Company has lowered its stake in the company to 4.66% from 5.16%.

Following the transaction, NN Pension Insurance Company controls 979,107 Stara Planina Hold shares, the diversified group said in a bourse filing without providing further details.

Stara Planina Hold shares closed at a price of 4.88 levs ($2.70/2.50 euro) on the Bulgarian Stock Exchange on Tuesday.

Stara Planina Hold's investment portfolio includes companies from the sectors of machine building, electrical engineering and perfumery and cosmetics. 

NN Pension Insurance Company manages NN Universal pension fund, NN Professional pension fund и NN Voluntary pension fund

(1 euro = 1.95583 levs)

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