Montenegroberza has announced that shares of the company Sveti Stefan Hoteli AD Budva (SSHO) are included in the stock exchange's Free Market beginning this Monday.
The total capital value of the company formed through an extraction from Budvanska Rivijera is EUR 25.85 million through 8,110,763 shares of the nominal value of EUR 3,187.
Both companies have the same ownership structure. The government owns 41.63% of the shares, AIK Banka of businessman Miodrag Kostic owns 15.23%, the Pension and Disability Insurance Fund owns 12.58%, followed by Stratex Development with 9.39%, Stratex Hospitality from Belgrade with 5.83% and the Employment Agency (4.27%), writes Investitor.me.
The government plans to sell the shares of Budvanska Rivijera, while keeping its ownership share in Sveti Stefan Hoteli.