SOFIA (Bulgaria), December 19 (SeeNews) – Bulgarian drug maker Sopharma [BUL:3JR] has increased its stake in Doverie United Holding [BUL:5DOV] to over 20%, Doverie United Holding said on Monday.
The company was notified that Sopharma has acquired a total of 320,000 shares in a two deals – one registered in the Central Depository on Monday and one due to be registered on December 20, Doverie United Holding said in a bourse filing.
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Sopharma’s stake in Doverie United Holding stood at 14.9% as of September 30.
Last week, the only day when 320,000 or more Doverie United Holding shares were traded was Friday, when 382,675 shares changed hands at an average price of 1.069 levs ($0.57/0.55 euro).
On Monday, 703,000 Doverie United Holding shares had changed hands on the Sofia bourse by 14:30 CET, of which 692,000 in a block deal at a price of 1.07 levs apiece, bourse data showed.
Doverie United Holding spans 20 companies operating in six industrial branches and located in 15 cities in Bulgaria and Europe.
Sopharma operates in the research, development, production, and trade of drugs, vaccines, infusion solutions, medical disposable products, and food supplements primarily in Europe and Bulgaria.
(1 euro = 1.95583 levs)