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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)