Hungary FHB Chairman Speder resigns, sells stake in bank

MBH Jelzalogbank Nyrt

14/10/2016 17:18

BUDAPEST, Oct 14 (Reuters) - Zoltan Speder, chairman of 
Hungary's FHB Bank  FHBK.BU , resigned on Friday after selling 
his stake in the lender, FHB said in a filing with the Budapest 
Stock Exchange. 
    "Zoltan Speder was the member and the chairman of the Board 
of Directors since 29 April 2008. He had (an) extraordinary part 
in the development of FHB Banking Group during the past years," 
the statement said. It did not name a successor. 
    FHB said an asset management company controlled by Speder, 
A64 Vagyonkezelo, sold 15.57 million FHB shares at 480 forints 
($1.77) each in an off-market transaction to savings and loans 
groups Fokusz Takarekszovetkezet and B3 TAKAREK Szovetkezet. 
($1 = 271.8 forints) 
 
 (Reporting by Gergely Szakacs; Editing by Adrian Croft) 
 ((gergely.szakacs@tr.com; +36 1 327 4748; Reuters Messaging: 
gergely.szakacs.thomsonreuters.com@reuters.net)) 
 
Keywords: HUNGARY FHB/