May 17 (SeeNews) - Slovenian hotel operator Union Hoteli [LJSE:GHUG] has slightly reduced its stake in real estate company Equinox [LJE:EQNX] to 0.7484% by selling 380 of its shares, Equinox said.
Union Hoteli disposed of 300 Equinox shares with a value of 13,980 euro ($14,616) on May 12, as well as 80 shares with a value of 3,728 euro on May 13, Equinox said in a filing with the Ljubljana Stock Exchange on Tuesday.
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Following the transactions, Union Hotels Collection dd owns 13,426 Equinox shares, the real estate company said.
Slovenia's Axor Holding is Equinox's majority shareholder with a 75.5% stake, followed by state-owned company Kapitalska Druzba with 18.75%. The remainder is owned by a number of minority shareholders.
Equinox, established on May 3, 2021, was the first real estate joint-stock company to join the Slovenian equity market. On January 31, 1,793,869 of its shares were listed on the standard market segment of the LJSE.
($ = 0.95646 euro)