BorsodChem announced that Firthilion Limited has increased its direct stake in BorsodChem by 806,387 shares (or 1.06%) to 22.69% on Wednesday and Thursday. The company purchased the shares on an average price of HUF 2,271 per share. Since the Rahimkulov family has stake in Firthilion and another company also having influence in BorsodChem, the family’s indirect influence has increased to 25.16% through the transaction.
We see the news as neutral. The Rahimkulov family has announced earlier this year, they intend to increase their stake in BorsodChem.