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New Pannonplast shareholder with 5%+ stake

Portfolió Kft, a subsidiary of Erste Bank Rt, announced that it had acquired a 5.28% stake in publicly traded plastics manugfacturer Pannonplast Rt on Feb. 22, business daily Napi Gazdaság reported. As a result, Portfolió currently owns 5.7% of Pannonplast shares. The deal was probably transacted outside of the Budapest Stock Exchange (BÉT), as less than 30,000 Pannonplast stocks changed hands at the bourse that day.