The company managing mandatory pension funds PBZ/Croatia osiguranje has increased its stake in the IT company Span by purchasing shares, apparently from the company’s CEO Nikola Dujmović. According to a statement on the Zagreb Stock Exchange, PBZ/CO purchased 30,000 shares of Span on August 30 and now holds a total of 124,046 shares. With this purchase of 1.53 percent, this pension fund now holds 6.33 percent of the stake.
Data from the Central Clearing and Depository Company shows that the PBZ/CO fund of category B holds 65,200 shares, or 3.33 percent of the stake, while the fund of category A holds the remaining 58,846 shares, or three percent. Among pension companies, the largest stake is held by the Raiffeisen voluntary pension fund with 131,111 shares (6.69 percent stake), making it the second-largest shareholder of Span. PBZ/CO funds now hold the sixth and seventh positions, while Erste Plavi of category A occupies the eighth position with just over 56,000 shares.
The package of 30,000 shares that changed ownership on August 30 in a block transaction corresponds in size to the sale by Nikola Dujmović. Recall that during August, the head of Span sold a total of one hundred thousand shares worth nearly 5.1 million euros in four transactions and now controls a total of one-third of the stake. Dujmović is not the only representative of Span’s Management Board who sold shares during August. Public announcements show that Management Board members Dragan Marković and Saša Kramar also sold shares. Each sold 10,000 shares for 500,000 euros.
