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Bulgarian REIT PRC plans cap hike

Nov 23, 2012, 5:16:53 PMArticle by Velizar Uzunov
share
SOFIA (Bulgaria), November 23 (SeeNews) – Bulgarian real estate investment trust (REIT) PRC said on Friday it plans to raise its capital by a new share issue.

Bulgarian REIT PRC plans cap hike

The company plans to issue 119,659 new shares with a par value and issue price of 10 levs ($6.6/5.1 euro) each, PRC said in a bourse filing.

The right to participate in the capital increase shall be entitled to those who have acquired PRC shares no later than seven days following the promulgation of the notification in the State Gazette, or by November 30.

The company has so far issued 1,316,250 shares.

(1 euro = 1.95583 Bulgarian levs)

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