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Friday, 26.04.2024, 21:24
Infortar buys Tallink shares for EUR 500,000
Infortar bought
527,000 shares in Tallink Grupp in
three transactions, it appears from data available from the Financial
Supervision Authority. The total value of the transactions was 516,500 euros.
In the three transactions respectively a little bit over 437,000 shares,
50,000 shares and 40,000 shares changed hands, all at the price of 0.98 euros.
On Wednesday, the day before the transactions, Tallink closed at 0.97 euros on the Tallinn stock exchange. Its
closing price on Thursday was 0.99.
Infortar also
bought shares in Tallink at the end
of May and in mid-June, acquiring altogether 1.5 mln shares for approximately
1.6 mln euros.
Infortar holds
approximately 259.6 mln shares in Tallink,
equaling 38.75% of the total number of shares.
Infortar's key owners
are Enn Pant and Kalev Jarvelill with holdings of 25.13% each and
Ain Hanschmidt with 16.32%.