April 30 (SeeNews) - Bulgaria's Capital Management REIT [BUL:5CQ] said that Armitex has lowered its stake in the company by selling 23,390 shares for 1.5 million levs ($833,000/767,000 euro).
Armitex sold the shares in a transaction on the Bulgarian Stock Exchange on April 28, Capital Management REIT said in a statement on Wednesday.
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Earlier this month, Armitex sold 45,240 shares in Capital Management REIT for 2.9 million levs
Capital Management REIT shares closed at 65 levs on the Bulgarian Stock Exchange on Wednesday.
Armitex was the biggest shareholder in Capital Management REIT at the end of 2019 with a 45.61% stake.
(1 euro = 1.95583 levs)