Slovenia's Istrabenz to sell its 4 pct stake in Petrol

Petrol dd Ljubljana

17/10/2014 14:41

LJUBLJANA, Oct 17 (Reuters) - Slovenia's tourism and energy 
holding Istrabenz  ITBG.LJ  will sell its 4.05 percent stake in 
the country's largest fuel retailer Petrol  PETG.LJ  at 275 
euros per share, Istrabenz said in a statement on Friday. 
    It said investors would get invitations to bid for the 
84,490 shares on sale at a fixed price. 
    State-owned companies hold about 39 percent of Petrol, which 
has market capitalisation of 595 million euros, while the rest 
is in the hands of private investors.  
    Petrol shares closed 1.05 percent up at 288 euros on Friday, 
before the news was released, while the blue-chip SBI index 
 .SBITOP  gained 0.66 percent. 
 
 (Reporting By Marja Novak; editing by Zoran Radosavljevic and 
David Evans) 
 ((Marja.Novak@thomsonreuters.com; +386-8-205-6369; Reuters 
Messaging: marja.novak.thomsonreuters.com@reuters.net)) 
 
Keywords: SLOVENIA PETROL SLO ENERG/