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Démász board member sells his remaining stake

In order to fulfil its obligations Démász Nyrt, electricity distributor for south Hungary, announced that Gábor Papanek, member of the Board of Directors of Démász sold 48 Démász shares at a price of Ft 19,600 via the investment service company MKB Bank Nyrt on October 6, 2006. By means of the transaction dr. Gábor Papanek ceases to possess any Démász shares. (bet.hu)