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Dec 21, 2017 15:02 EEST
BELGRADE (Serbia), December 21 (SeeNews) – Serbian blue-chip cookware maker Metalac [BEL:MTLC] said Croatian investment funds manager ZB Invest cut its stake in the company to below 5%.
ZB Invest reduced its stake in Metalac to 4.96% from 5.01% by selling 1,099 shares on December 14, the cookware maker said in a filing with the Belgrade Stock Exchange on Wednesday.
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After the transaction, ZB Invest, a subsidiary of Croatian lender Zagrebacka Banka [ZSE:ZABA] owns 101,243 shares in the capital of Metalac, the Serbian company said.
Metalac closed flat at 2,070 dinars on the Belgrade Stock Exchange on Wednesday.
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