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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)

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