Ex-footballer Jugovic raises stake in Serbia's Duvan to 91%

Jugovic bought 7,808 Duvan shares at 1,500 dinars ($13.8/12.8 euro) each between January 24 and February 13, he said in a statement with the Belgrade bourse on Moday.

The company's capital is divided into 11,773 shares of 12,000 dinars in nominal value each. The shares did not trade on the bourse in the past year.

Data from Serbia's central registry of securities showed on Tuesday that the remaining stake of some 9% of Duvan is in the hands of numerous private local individuals.

Jugovic, one of Serbia's most renowned former footballers, has played for numerous top European teams such as Juventus, Inter, and Atletico Madrid throughout his career.

(1 euro = 117.197 dinars)