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Bulgarian Private Equity Fund raises 2.2 mln euro in cap hike

Author Mario Tanev
Bulgarian Private Equity Fund raises 2.2 mln euro in cap hike Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic.

SOFIA (Bulgaria), October 21 (SeeNews) - Bulgarian Private Equity Fund [BUL:BPT] said on Monday that it has raised some 4.39 million levs ($2.5 million/2.2 million euro) as its capital increase was fully subscribed.

A total of 16 investors subscribed for 4,385,503 shares in the company at a price of 1 lev each, equal to their nominal value, Bulgarian Private Equity Fund said in a statement.

Bulgarian Private Equity Fund shares last traded on the Bulgarian Stock Exchange at a price of 1.14 levs apiece.

(1 euro = 1.95583 levs)

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