BELGRADE (Serbia), November 20 (SeeNews) - Serbian company M&V Investments will act as market-maker of Fintel Energija, the Serbian subsidiary of Italy's Fintel Energia Group, the Belgrade Stock Exchange said on Tuesday.
M&V Investments is one of the most active investment companies on the Belgrade Stock Exchange and the current market maker of shares of blue-chip cookware manufacturer Metalac [BEL:MTLC], the bourse said in a statement.
The shares of Fintel Energija will start trading on the prime listing segment of the Belgrade Stock Exchange on November 20. A total of 26,510,506 shares will be available for trading at an indicative price of 500 dinars ($4.8/4.2 euro) apiece, the exchange said last week.
Fintel Energija successfully completed the first initial public offering (IPO) on the Belgrade Stock Exchange since 1940 on October 31.
(1 euro = 118.268 dinars)