March 22 (SeeNews) - Macedonia’s Komercijalna Banka [MSE:KMB] said that unnamed foreign investment trusts sold on Thursday a total of 164,332 shares in the company in a transaction worth 616.2 million denars ($12.4 million/10.0 million euro).
The deals were priced at 3,750 denars per share, Komercijalna Banka said in a bourse filing.
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The 164,332 shares, equal to a 7.2% stake in Komercijalna Banka, were acquired by local Makpetrol [MSE:MPT], Industry Service, M.G. Fashion, Lean Skopje, ZSF-KOM, INT Trade and two private investors. The stake in Komercijalna Banka which each of the buyers holds is below 5%, the lender said.
On Wednesday, Komercijalna Banka [MSE:KMB] said that East Capital Explorer Investments AB and its affiliated company Salink Limited have sold a 13.076% stake in the company in a transaction worth 1.12 billion denars.
The shares were acquired by Macedonian companies Adora Inzenering, Granit Skopje, IGM-Trade Ilija and Industry Service Skopje.
Later on Wednesday, Granit Skopje said in a separate statement that it has acquired a total of 113,700 Komercijalna Banka shares. The number of shares is equal to a 4.99% stake in Komercijalna Banka.
In November 2017, the European Bank for Reconstruction and Development sold its 5.245% stake in Komercijalna Banka.
Skopje-based Komercijalna Banka is a component of the Macedonian Stock Exchange’s blue-chip MBI-10 index.
(1 euro=61.4202 denars)
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