Cashline Ltd. got rid of a bigger Synergon share package again; with the sale of 404 thousand shares the company’s ownership is now below 5%. The stocks – as in case of the sale of shares throughout the autumn – are now in the possession of Zoltán Jutasi’s company, Navigator Investment Ltd.
According to the announcement the CEO’s business acquired 431 thousand shares, out of which 117 thousand was bought on the OTC market at an average market price of 450 HUF, and the remaining 314 thousand was borrowed. With this purchase, the ownership of Navigator Investment is now 11.7% in Synergon, becoming the biggest owner, while PannErgy has slipped to the second place with its 11.5% share in the company.