At the end of September, Manchester Securities had a 6.61% stake, while the state had a 7.58% stake.

Romanian individuals held 35.7% in the fund at the end of October, while Romanian companies had a cumulated stake of 10.81%.

Foreign companies held 1.96%, while foreign individuals held a cumulated 9.61%.

Georgia Palade van Dusen, heir of industrialist Nicolae Malaxa, reduced her stake to 6.57%, from 6.68%.

Proprietatea shares closed flat Monday, at RON0.444. (EUR1=RON4.354)