You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Slovenia's Union Hoteli reduces stake in Equinox

Author Radomir Ralev
Slovenia's Union Hoteli reduces stake in Equinox Photo: Ljubljana Stock Exchange / All rights reserved.

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)

Share this story
SeeNews in Brief

View our Newsletters

 
Compare