LJUBLJANA (Slovenia), May 25 (SeeNews) - Slovenian hotel operator Union Hoteli [LJSE:GHUG] has slightly reduced its stake in real estate company Equinox [LJE:EQNX] to 0.3184% by selling 7,290 of its shares, Equinox said.
Union Hoteli disposed of 90 Equinox shares with a value of 3,830 euro ($4,100) on May 20, as well as 7,200 shares with a value of 302,400 euro on May 24, Equinox said in a filing with the Ljubljana Stock Exchange on Tuesday.
You can subscribe to our M&A newsletter here
Following the transactions, Union Hotels Collection dd owns 5,712 Equinox shares, the real estate company said.
Slovenia's Axor Holding is Equinox's majority shareholder with a 75.5% stake, followed by state-owned company Kapitalska Druzba with 18.75%. The remainder is owned by a number of minority shareholders.
Equinox, established on May 3, 2021, was the first real estate joint-stock company to join the Slovenian equity market. On January 31, 1,793,869 of its shares were listed on the standard market segment of the LJSE.
($ = 0.95646 euro)