HEX Ownership In TSE Reaches 60.3 percent

HEX has completed further transactions with the shares of Tallinn Stock Exchange (TSE) to raise its stake in TSE to 60.3 percent.

The Central Bank of Estonia sold 26 TSE shares to HEX. The remaining holding of the Central Bank of Estonia in TSE is eight shares. The Estonian Ministry of Finance sold its total holding of 34 TSE shares to HEX.

After these transactions HEX has bought altogether 358 shares from the previous shareholders as well as 100 newly issued shares. The newly issued shares will still have to be registered with the Estonian Commercial Registry.