KBC Asset Management surpassed 5% ownership in Elana Agrocredit (NEUTRAL)
Source: Elana Agrocredit; FFBH
Elana Agrocredit announced that on June 3, KBC Asset management has surpassed the 5% ownership threshold through its mutual funds. UBB Platinium Bond controls 2.2943% of the shares, UBB Premium Equity – 0.6444%, while UBB Balanced Fund and UBB Patrimonium Land have stakes of 0.5023% and 1.5618%, respectively. The closing price of Elana Agrocredit as of 8 June is BGN 1.07 per share, which translates into market capitalisation of BGN 39.2m.