LJUBLJANA (Slovenia), June 20 (SeeNews) - Slovenian hotel operator Union Hoteli [LJSE:GHUG] has disposed of all of its outstanding 313 shares in the capital of real estate company Equinox [LJE:EQNX], the real estate firm said on Monday.
Union Hoteli sold 50 Equinox shares with a value of 2,400 euro ($2,500) on June 17, as well as 263 shares with a value of 12,624 euro on June 20, Equinox said in a filing with the Ljubljana Stock Exchange.
You can subscribe to our M&A newsletter here
Following the transactions, Union Hotels Collection dd owns no Equinox shares, the real estate company said.
Slovenia's Axor Holding is Equinox's majority shareholder with a 75.5% stake, followed by state-owned company Kapitalska Druzba with 18.75%. The remainder is owned by a number of minority shareholders.
Equinox, established on May 3, 2021, was the first real estate joint-stock company to join the Slovenian equity market. On January 31, 1,793,869 of its shares were listed on the standard market segment of the LJSE.
($ = 0.95053 euro)