You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

N. Macedonia's Pivara sells stake in Automakedonija

Author Mario Tanev
N. Macedonia's Pivara sells stake in Automakedonija Author: Flazingo Photos. License: Creative Commons, Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0)

SKOPJE (North Macedonia), October 16 (SeeNews) - North Macedonia-based car dealer Automakedonija [MSE:AUMK] said on Wednesday that local brewer Pivara has sold 4,486 shares in the company to private individual  via a block transaction.

The number of shares is equal to a 5.44% stake in the company.

Following the sale, Pivara is no longer a shareholder in the company, Automakedonija said in a bourse filing.

Automakedonija shares last traded on the stock exchange in Skopje at a price of 2,000 denars ($35.9/32.5 euro), which would value the 5.44% stake at some 9 million denars.

(1 euro = 61.5725)