Board of directors member buys Bulgaria's Sirma Group shares

Paev bought 26,220 shares at an average price of 0.79 levs ($0.39/0.40 euro) apiece on the stock exchange on September 30, Sirma said in a bourse filing on Friday. Additionally, the board member purchased 780 shares at the same price on September 29.

As at 0841 CEST on Monday, Sirma stock traded flat at 0.75 levs on the Sofia bourse.

Sirma Group has eight direct wholly- or majority-owned subsidiaries and owns indirectly 10 businesses, including in the USA, Latin America and Germany.

The group’s consolidated net profit excluding minority interest fell to 2.85 million levs in the first half of 2022 from 3.6 million levs in the same period of 2021, pushed down by higher costs for salaries.

(1 euro = 1.95583 levs)