Information on the target
On February 20, 2026, "H.R. Capital" AD and "MFG Invest" AD finalized a contract for the sale of 5,074 registered, available, preferred shares of Class B. The transfer was executed through a giro in accordance with legal requirements, and the sale has been recorded in the shareholder register of "Convenience" AD. The transaction reflects a significant movement in the equity structure of the company, indicating a strategic shift in ownership.
The shares were sold at a price of €951 each, culminating in a total sale price of €4,825,374. The seller is expected to receive the payment within five business days, contingent upon the presentation of all necessary documentation to the trustee bank overseeing the bond issuance of "H.R. Capital" AD. This transaction is classified as inside information under Article 17, §1, in conjunction with Article 7 of Regulation 596/2014 of the European Parliament and Council.
Industry overview in the target’s specific country
The investment landscape in the target's country has been characterized by a robust growth trajectory, particularly in the financial services and investment sectors. The regulatory environment has evolved to support foreign investments, fostering a climate conducive to capital inflows. This has been bolstered by government initiatives aimed at enhancing market transparency and investor protection, which have collectively strengthened investor confidence.
Moreover, the preferred shares market has gained traction, with increasing participation from institutional investors seeking yield in a low-interest-rate environment. The demand for high-quality, preferred equity instruments has surged, driven by their favorable risk-return profile compared to traditional equity and fixed-income securities. This trend is expected to continue as more investors diversify their portfolios to include alternative asset classes.
In addition, the economic indicators suggest a stable macroeconomic environment, with GDP growth projected to remain steady. This stability is crucial for companies like "Convenience" AD, as it allows for strategic expansion and investment in innovation. The overall sentiment in the market remains positive, with expectations of continued growth in the coming years, particularly in sectors aligned with technological advancements and consumer trends.
The rationale behind the deal The rationale for this transaction stems from a strategic alignment between the buyer and seller, aimed at enhancing the operational capabilities of "Convenience" AD. By acquiring a significant stake in the compan…