Yesterday, InterCapital and Končar signed an Annex to the Market Making Contract, extending it until 31 December 2023.
This would mean that InterCapital vrijednosni papiri d.o.o. will continue to engage in market making for ordinary shares of Končar – Elektroindustrija d.d., listed on the Official Market of the Zagreb Stock Exchange.
The market-making service means that Intercapital will place simultaneous buy and sell orders for Končar shares, thus reducing the bid/ask spread and increasing the liquidity of Končar’s shares.
As a reminder, InterCapital vrijednosni papiri d.o.o. has continually acted as the market maker for Končar ever since 16 October 2014. The market-making mandate has been extended until 31 December 2023.