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Serbia's SM Stone acquires 24.2% stake in trading firm Tehnopromet

Author Radomir Ralev
Serbia's SM Stone acquires 24.2% stake in trading firm Tehnopromet Ken Teegardin/CC BY-SA 2.0

BELGRADE (Serbia), October 17 (SeeNews) – Serbian trading firm Tehnopromet [BEL:THPT] has said local company SM Stone acquired a 24.2% stake in its capital.

SM Stone, owned by Serbian citizen Srdjan Mladenovic, acquired Tehnopromet 286,956 shares in a block deal on October 16, Tehnopromet said in a filing with the Belgrade Stock Exchange on Wednesday.

Tehnopromet has 1.187 million ordinary shares listed on the Belgrade Stock Exchange, each of 1,000 dinars ($9.4/8.5 euro) in par value.

(1 euro = 117.557 dinars)

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