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Bulgaria's Capital Management REIT raises 11.4 mln euro in cap hike

Author Mario Tanev
Bulgaria's Capital Management REIT raises 11.4 mln euro in cap hike tanatat/Shutterstock.com

SOFIA (Bulgaria), November 18 (SeeNews) - Bulgaria's Capital Management REIT [BUL:5CQ] said on Monday that it has raised 22.23 million levs ($12.6 million/11.4 million euro) through a capital increase via a new share issue.

Investors subscribed for 379,999 of the 380,000 shares offered by the company, Capital Management REIT said in a bourse filing.

The company increased its capital to 1,758,296 levs from 1,378,297 levs through the new issue. 

Capital Management REIT shares last traded on the Bulgarian Stock Exchange at a price of 63 levs.

(1 euro = 1.95583 levs)

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