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Aroma Real Estate delists from Bulgarian Stock Exchange

Author Mario Tanev
Aroma Real Estate delists from Bulgarian Stock Exchange Author: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), January 21 (SeeNews) –The Bulgarian Stock Exchange said on Tuesday that Aroma Real Estate [BUL:AA8] will stop trading on the stock exchange as of Wednesday.

The company has already been delisted from the Financial Supervision Commission’s register of public companies, the stock exchange operator said in a statement.

Last month, Malta-based Harisson Management Limited successfully completed a sqeeze-out bid priced at 1.03 levs ($0.58/0.53 euro) per share, and now directly and indirectly controls 100% of Aroma Real Estate.

In September 2019, Harisson Management increased its stake in the company to 95.84% via a buyout bid priced at 1.03 levs ($0.58/0.53 euro) per share. Four minority shareholders who held 160,668 shares accepted the buyout offer at the time.

 (1 euro = 1.95583 levs)

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