Minority stake in Croatian hotelier Jelsa to be auctioned
ZAGREB (Croatia), December 29 (SeeNews) – A public auction will take place next month for 1,231,494 shares in Croatian hotel operator Jelsa [ZSE: JLSA], equivalent to a 16.5% stake, the company said on Wednesday, citing brokerage firm Intercapital.
The public auction will take place on January 10, Jelsa said in a filing with the Zagreb Stock Exchange.
The shares to be offered belong to the tourism and hotel company Aquamarine, which is the subject of bankruptcy proceedings.
According to data published on the Zagreb Stock Exchange at the end of September, the majority shareholder with 82% of Jelsa was the Hungarian company Eurobridge Medical Innovation, followed by Aquamarine with 1,233,374 shares, or 16.53%.
The share capital of the company amounts to 74.6 million kuna ($ 11.2 million / 9.9 million euros) and is divided into 7,462,031 shares with a par value of 10 kuna per share. . Of the total, 1,343,473 are listed on the Zagreb Stock Exchange. Following the announcement, the Zagreb Stock Exchange placed the company’s shares under surveillance.
The last transaction with its shares on the stock exchange took place on May 5, 2008.
In another statement released on Wednesday, Jelsa said his supervisory board decided on December 8 to appoint Anton Glumac as CEO for a one-year term, replacing Milos Milicsevics.
(1 euro = 7.521 Croatian kuna)