January 5 (SeeNews) - Metico Investment, an investment company based in Belgrade, said it intends to acquire the remaining 6.35% of river port operator Luka Beograd [BEL:LGBD] it does not already own.
Metico will announce the details of its buyout offer once it gets the approval of the Securities Commission, it said in a filling with the Belgrade Stock Exchange (BELEX) on Tuesday.
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Metico acquired a 93.65% stake in Luka Beograd, or over 6.52 million shares, on December 30 via a transfer of shares in a court settlement, an earlier bourse filing said. The name of the seller, however, was not disclosed.
According to latest available information on Luka Beograd's website, the owner of the majority stake by July 12, 2021 was Luxembourg-based investment fund Worldfin.
Worldfin bought 93.5% of Luka Beograd in 2005.
Medico Investment, founded in 2020, is fully-owned by Greek real estate firm Oradea Monoprosopi IKE, according to trade registry data.
Luka Beograd last traded on the Belgrade stock exchange on July 7, when 298 shares changed hands at 800 dinars ($7.70/6.80 euro) each.
(1 euro=117.582 Serbian dinars)