Serbia’s Victoria Group lifts stake in Sojaprotein to 90.38%
BELGRADE, Serbia, September 5 (SeeNews) – The Serbian agro-industrial conglomerate Victoria Group has announced that it will acquire its stake in the soy protein processing company Sojaprotein. to have increased [BEL:SJPT] to 90.38% from 89.09% as part of a buyout bid.
Victoria Group has acquired 177,931 soy protein shares, or 1.29% of the company’s capital, according to a filing on the Belgrade Stock Exchange on Wednesday.
The Victoria Group started the offer on August 13 with the aim of purchasing 1,504,222 soy protein shares by September 2 at a price of 180 dinars (1.69 USD / 1.53 euros) each.
Soy protein is a member of the BELEX15 benchmark index of the Belgrade Stock Exchange. It has 13,793,133 listed stocks with a Free Float (FFc) of 17.33%, which is 1.46% of the index’s total capitalization.
Soy protein stock was last traded on the Belgrade Stock Exchange on August 29, when it closed at 180 dinars.
(1 euro = 117,555 dinars)