December 28 (SeeNews) - Croatia's diversified group Djuro Djakovic [ZSE:DDJH] said that London-based businessman Ivan Bozidar Ivanovic has exited the company's capital after selling his entire stake to Czech-based St Probin, which specialises in producing shielded chambers for medical and scientific purposes.
On December 23, Ivanovic disposed of 883,589 shares, representing a 8.7% stake in the group, Djuro Djakovic said in a filing with the Zagreb Stock Exchange (ZSE) last week.
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The parties signed an agreement for the transaction on December 21, the filing reads.
According to December 28 bourse data, Czech-based DD Acquisition is the largest shareholder in Djuro Djakovic with an 18.88% stake, followed by the Croatian government's centre for enterprise restructuring and privatisation, CERP, with 12.78%.
The group's main business lines are manufacturing of equipment for steelworks, industrial and power plants and production of rolling stock and special-purpose motor vehicles.
Djuro Djakovic's shares traded 0.44% higher at 4.55 kuna ($0.8/0.6 euro) on the Zagreb bourse by 1015 CET on Monday.
(1 euro = 7.5434 kuna)