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Bulgaria's Claremont seeks shareholders nod for cap hike

Author Mario Tanev
Bulgaria's Claremont seeks shareholders nod for cap hike Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic.

SOFIA (Bulgaria), October 17 (SeeNews) - Bulgarian grain trader Claremont said that it is seeking the approval of its shareholders to increase its capital by 1.5 million levs ($853,000/767,000 euro) to some 6.77 million levs via a new share issue.

Claremont intends to offer the shares for subscription only to existing shareholders, the company said in a commercial register filing last week.

The company's shareholders will vote on the proposal at a general meeting scheduled for November 14.

(1 euro = 1.95583 levs)

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