November 28 (SeeNews) - Bulgaria's financial regulator said that it has asked local diversified group Ekip-98 Holding [BUL:5EK] to provide additional information regarding its request for approval of a share issue prospectus.
The regulator did not provide further details in its statement, published on Tuesday.
Last month, Ekip-98 Holding said that it will seek to raise 9 million levs ($5.3 million/4.6 million euro) via a new share issue.
Ekip-98 Holding is planning to issue up to 600,000 new shares with a nominal value of 1 levs each at a price of 15 levs apiece, the company said in a statement.
If all shares are subscribed for and paid for, the company will increase its capital to 780,006 levs from 180,006 levs.
The capital increase will be considered successful if at least 300,000 new shares are subscribed for and paid for.
Ekip-98 Holding shares last traded on the Bulgarian Stock Exchange at a price of 15 levs.
(1 euro = 1.95583 levs)