Srbijagas Pays 220 Mln Dinars (2.4 Mln Euro) for New Share Issue of Serbia's Informatika

The placement consisted of 55,000 ordinary shares with a nominal value of 1,200 dinars each, Informatika said in a filing to the Belgrade Stock Exchange on Thursday.

Srbijagas bought the shares at an issue price of 4,000 dinars each, the statement said.

No information was immediately available on the size of the company's capital after the issue of new shares. Informatika's core capital totalled 155.2 million dinars divided into 128,807 ordinary shares at the end of 2008, the company's 2008 financial statement showed.

Informatika posted a gross profit of 136.3 million dinars on total revenues of 1.95 billion dinars last year.

The biggest single shareholder in the company at the end of 2008 was investment fund manager ZB Invest with 5.51%, followed by individual shareholder Mirko Pantelic with 5.26% and Belgrade-based brokerage Delta Broker with 4.2%.

Informatika (www.informatika.com) shares lost 9.33% to 3,617 dinars on the belgrade bourse on Thursday.

(1 euro= 93.1527 Serbian dinars)