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Stake of 26.58% in Bosnia's Elektroremont trades on bourse

Stake of 26.58% in Bosnia's Elektroremont trades on bourse Bosnia's Sarajevo Stock Exchange, SASE, Photo:

SARAJEVO (Bosnia and Herzegovina), February 14 (SeeNews) - A total of 11,995 shares of Bosnia’s electrical equipment maker Elektroremont [SAJ:ELRM], representing a 26.58% interest, traded in a 37,900 marka ($21,900/19,400 euro) transaction on the Sarajevo Stock Exchange (SASE), SEE Investment Solutions, which brokered the deal, said on Monday.

The shares traded at a price of 3.16 marka apiece on February 11, SEE Investment Solutions said in a bourse filing.

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The parties to the deal were not disclosed.

Elektroremont is active in the repair, maintenance, manufacture and installation of electrical equipment and devices.

Mehmed Cebic is Elektroremont's biggest shareholder with a 33.6% stake, followed by Jana Bokal with a 26.6% stake and Zaim Gadzun with a 10.6% stake, according to bourse data updated on February 11.

Elektroremont's shares last traded on SASE on February 11, closing flat at 3.16 marka.

(1 euro = 1.95583 marka)