Miodrag Kostić, the head of MK Group, has emerged as the principal shareholder of Austria-based Addiko Bank AG, which operates in six Southeast European markets.
Kostić holds 1,947,901 shares, equating to a 9.99% stake in Addiko Bank AG. These shares are estimated to be worth €25.13 million.
He began this acquisition journey in the last quarter of 2022, purchasing slightly over 1.1 million shares. He then acquired an additional 645,000 shares in the first quarter of the current year, followed by a further 155,000 shares in the second quarter.