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Bulgaria's CCB Group ups stake in lender CCB

Author Mario Tanev
Bulgaria's CCB Group ups stake in lender CCB Photo: Central Cooperative Bank / All rights reserved.

SOFIA (Bulgaria), March 25 (SeeNews) - Bulgarian lender Central Cooperative Bank (CCB) [BUL:4CF] said that its majority owner CCB Group has acquired 20,500 shares in the company at a weighted average price per share of 0.877 levs ($0.485/0.448 euro).

CCB Group acquired the shares in the March 16-18 period, CCB said in a statement.

The 20,500 shares are equal to 0.016% interest in CCB.

As at 10:25 CET on Wednesday, CCB shares traded 7.53% higher at 1 lev on the Bulgarian Stock Exchange.

CCB Group is a wholly-owned unit of local group Chimimport [BUL:6C4]

(1 euro = 1.95583 levs)