June 29 (SeeNews) - Croatian poultry producer Koka [ZSE:KOKA] said its shareholders approved a proposal to delist the company's shares from the Zagreb bourse.
Shareholders representing 99.49% of the capital supported the proposal, Koka said in a filing to the Zagreb Stock Exchange (ZSE) on Tuesday.
All of Koka's 903,220 regulars shares with a nominal value of 200 kuna each will be delisted.
As earlier announced, those who disagree with the proposal will be able to receive a compensation of 460.80 kuna ($64/61euro) per share.
The shareholders also approved a proposal to retain the company's net profit for 2021 in the amount of almost 7 million kuna. Local dairy company Vindija is the majority owner of Koka with a stake of 97.09%, ZSE data showed.
Koka's shares last traded on the ZSE on June 13, closing 0.90% lower at 442 kuna.
(1 euro=7.532 Croatian kuna)