November 19 (SeeNews) - Bulgarian Real Estate Fund (BREF) REIT [BUL:5BU] said that Allianz Bulgaria Mandatory Professional Pension Fund (MPPF) has increased its stake in the company to 4.93% to 6.31%.
BREF did not provide further details in its statement, published on Friday.
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The 1.37% stake is equal to 278,070 shares in BREF.
BREF shares traded at 1.9 levs apiece on the Bulgarian Stock Exchange as at 9:00 CET on Monday, which would value the deal at some 528,000 levs ($308,000/270,000 euro).
(1 euro = 1.95583 levs)
Allianz Bulgaria AD is among the biggest insurers in SEE, for more reference take a look at
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