September 26 (SeeNews) - Croatian shipping company Tankerska Plovidba said on Monday it acquired a 13.656% stake in its peer Tankerska Next Generation [ZSE:TPNG].
Tankerska Plovidba bought 1,192,666 ordinary shares of Tankerska Next Generation at a price of 75 kuna ($9.63/9.96 euro) apiece on the Zagreb bourse on Thursday, Tankerska Plovidba said in a statement forwarded to the bourse by Tankerska Next Generation.
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It did not name the sellers but local fund manager Raiffeisen Mirovinski Fondovi said a separate statement on Monday that seven pension funds under its management sold on Thursday on the Zagreb bourse the same amount of shares in Tankerska Next Generation.
According to data from Croatia's depository and clearing agency SKDD, Tankerska Plovidba owns 65.45% of Tankerska Next Generation as of September 26.
It has been the most traded company on the bourse in the last five days.
On Friday, Tankerska Plovidba said it acquired on Wedensday shareholding interest of some 11% in Tankerska Next Generation.
Tankerska Next Generation's capital totals 436.7 million kuna, distributed in 8,733,345 shares without a set par value.
The company is a member of the main equity index of the bourse, the CROBEX.
Its shares traded flat at 75 kuna on Monday afternoon on the Zagreb bourse, generating the day's largest turnover, of over 3 million kuna in regular trading.
(1 euro = 7.528 Croatian kuna)