FHB Bank CEO raises stake in bank to nearly 25%

Telco

A64, the asset management company owned by FHB Bank CEO Zoltán Spéder, purchased 2,991,200 FHB shares on January 23, bringing A64's stake in FHB to 16,172,668 shares or 24.597% of voting rights, the lender reported on the website of the Budapest Stock Exchange yesterday.

The latest shares were bought at a price of HUF 625 per share, making the acquisition worth approximately HUF 1.9 bln.

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