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Istrokapitál shares change hands

MORE than 23 percent of the share assets of financial group Istrokapitál changed hands in direct transactions at the Bratislava Stock Exchange (BCPB) on September 19, the SITA news agency reported.

According to a daily summary of trades from the BCPB, the new owner paid Sk125.5 million (€3.26 million) for the shares, worth a nominal value of more than Sk546 million (€14.18 million). Istrokapitál's share assets amount to Sk2.3 billion (€60 million).

Istrokapital controls 55.014 percent of Poštová banka, which controls 100 percent in asset management company Prvá Penzijná and 90 percent in PABK Leasing.

The financial group is the exclusive owner of stockbroker Stredoeurópsky Maklérsky Dom. There are two main shareholders in Istrokapitál, Mario Hoffmann and Anton Siekel, who together own over half of Istrokapitál's stock.

In 2004, Istrokapitál reported a net profit of Sk10.1 million (€262,000). This year's mid-year results showed a consolidated loss of Sk10.8 million (€281,000).

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