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

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.

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)

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