Trade of MKB Bank shares starts today
Trade of MKB Bank shares will start on the Budapest Stock Exchange on Monday, a resolution by the bourseʼs CEO shows, state news wire MTI reports.
"The Issuer has attached to its application the information and documents necessary for the commencement of trading," according to the resolution. "The First Day of Trading shall be June 17, 2019."
MKB Bank shares were listed on May 30, but trade in the equities was delayed pending the issuerʼs compliance with terms.
MKB was restructured by the National Bank of Hungary (MNB) after its acquisition by the state, in 2014, then privatised in 2016.
Metis Private Equity Fund holds 35.0% of MKB shares, Blue Robin Investments holds 32.9%, RKOFIN holds 13.6% and Eirene Private Equity Fund holds just under 10.0%, a disclosure of owners with stakes over 5% published on Friday shows.
ADVERTISEMENT
Avg Gross Earnings at HUF 559,100 in July 2023
Gov't Extends Deposit Rate Cap Till Year-end
Scope Changes Outlook on Magyar Telekom Rating to Positive
Esztergom Guest Nights up 15% in July
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
.jpg)
