September 23 (SeeNews) - Shareholders of Energoprojekt Entel [BEL:EPEN], a unit of local blue-chip civil engineering group Energoprojekt [BEL:ENHL], have approved the delisting of the company's shares from the Belgrade Stock Exchange, Energoprojekt Entel said.
The delisting was unanimously approved during a shareholders' meeting on September 17, the company said in a filing with the Belgrade Stock Exchange on Friday.
Last mont, Energoprojekt squeezed out the holders of the 15,484 Energoprojekt Entel shares it did not own. The shares were purchased at a price of 13,461 dinars ($125.8/114.5 euro) apiece, equal to the price which Energoprojekt paid to increase its stake in Energoprojekt Entel to 96.34% from 86.31% in a buyout bid completed in July.
Energoprojekt Entel's shares last traded on August 2, when they closed flat at 13,000 dinars, according to data from the Belgrade Stock Exchange.
(1 euro = 117.533 dinars)