March 17 (SeeNews) - North Macedonia-based lender Komercijalna Banka [MSE:KMB] said that local company Adora Engineering has acquired 10,592 shares in the bank, increasing its stake to 12.78%.
Following the transaction, Adora Engineering owns 291,372 Komercijalna Banka's shares, the lender said in a bourse filing on Monday.
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Komercijalna Banka's shares traded at an average price of 6,420.55 denars ($116.36/104.38 euro) on the stock exchange in Skopje on Monday, down from the average trading price of 7,102.86 denars per share the previous trading day.
Adora Engineering has been steadily growing its stake in Komercijalna Banka over the past months.
(1 euro = 61.5046 denars)
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