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

Pension insurer Allianz Bulgaria cuts stake in Stara Planina Hold

Author Mario Tanev
Pension insurer Allianz Bulgaria cuts stake in Stara Planina Hold wrangler/Shutterstock.com

SOFIA (Bulgaria), October 4 (SeeNews) - Bulgarian industrial group Stara Planina Hold [BUL:5SR] said on Friday that local pension insurance company Allianz Bulgaria has decreased its stake in the company to 9.96% from 10.02%.

Following the transaction, Allianz Bulgaria controls 2,901,050 shares in Stara Planina Hold through three of the funds it manages, Stara Planina Hold said in a bourse filing.

Stara Planina Hold shares last traded on the Bulgarian Stock Exchange at a price of 5.25 levs ($2.95/2.68 euro).

(1 euro = 1.95583 levs)

Compare