PODGORICA (Montenegro), April 20 (SeeNews) – The Montenegro Stock Exchange said on it will offer at an auction on April 27 a total of 10,860 shares of hotel operator Atlas Hotel Group [MNG:ATHO] at the request of brokerage G Broker-Diler AD Podgorica.
The starting price of the shares in the auction is set at 0.451 euro ($0.555) apiece, the Montenegro Stock Exchange said in a statement on Thursday without disclosing the name of the seller or sellers.
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Atlas Hotel Group's capital is divided into 5,018,341 shares. The company's biggest shareholders are investment fund Atlas Mont (75.3%), Atlas Banka (11.66%) and Atlas Invest (5.43%).
The company operates three hotels in Bar, Virpazar and Sutomore.
($ = 0.81258 euro)