October 6 (SeeNews) - Slovenia's Axor Holding has slightly reduced its stake in real estate company Equinox [LJE:EQNX] to 74.13%, Equinox said.
Axor Holding disposed of 23 Equinox shares with a value of 1,136 euro ($1,123) on October 3, 210 Equinox shares with a value of 10,458 euro on October 4, as well as 125 Equinox shares with a value of 6,175 euro on October 5, Equinox said in a filing with the Ljubljana Stock Exchange.
You can subscribe to our M&A newsletter here
Following the transactions, Axor Holding owns 1,329,838 Equinox shares, the real estate company said.
Axor Holding is Equinox's majority shareholder, followed by state-owned company Kapitalska Druzba with 18.75%. The remainder is owned by a number of minority shareholders.
Equinox, established on May 3, 2021, was the first real estate joint-stock company to join the Slovenian equity market. On January 31, 1,793,869 of its shares were listed on the standard market segment of the LJSE.
($ = 1.0112 euro)