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Serbia's M&V Investments to act as market maker of Fintel Energija

Author: Belgrade Stock Exchange. License: All rights reserved.

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)

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