September 29 (SeeNews) - Bulgarian debt collection company Capman Debts Management [BUL:C1D] said on Tuesday that it will seek to raise up to 2 million levs ($1.2 million/1 million euro) through a capital increase.
Capman Debts Management will offer 2 million shares for subscription at a price of 1 lev apiece, the company said in a statement.
The capital increase will be considered successful if at least half of the shares are subscribed for and paid for.
Capman Debts Management currently has a registered capital of 50,000 levs, divided into the same number of shares.
Capman Debts Management was established in April and subsequently admitted to trading on the Bulgarian Stock Exchange in August.
(1 euro = 1.95583 levs)