BOSNA Re gave up its shareholding in the Bosnian unit of the TRIGLAV Group

BOSNA Reinsurance dd Sarajevo gave up its stake in TRIGLAV Osiguranje dd Sarajevo, the Bosnian subsidiary of the Slovene TRIGLAV Group, reads BOSNA Reinsurance Company sold the package of 20.28% of the shares on the Sarajevo Stock Exchange on 18 January.

TRIGLAV INT dd Ljubljana and its subsidiary company in Bosnia and Herzegovina, TRIGLAV Osiguranje dd Sarajevo bought the shares (ordinary and preference) in two transactions at a price of 1105.50 KM per share, worth a total of 13.2 million KM (EUR 6.75 million)..

As a result, TRIGLAV INT increased its stake in TRIGLAV Osiguranje dd from 78.7% to 87.6%, while TRIGLAV Osiguranje acquired 11.4% of shares. Triglav Osiguranje dd has two smaller shareholders - Centralinspekt Ltd. Sarajevo with a 0.6 percent share and CENEX Ltd. Sarajevo with 0.4 percent.

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