Bosnian insurer Bobar Osiguranje said on Friday it has completed a public offering of ordinary shares ahead of planned after the shares were sold out.

In November, the insurer said it would launch on December 14 a public offering of 38,000 ordinary shares at 100 marka apiece via the Banja Luka Stock Exchange.

Bobar Osiguranje has successfully completed its share offering prior to the expiry of the 90-day deadline, it said in a filing with the Banja Luka bourse. Read the full story BOSNIA's Bobar Osiguranje share offer sold out - bourse