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Bulgaria's Donev Investments Holding buys 2,030 shares in Doverie United Holding

Author Mario Tanev
Bulgaria's Donev Investments Holding buys 2,030 shares in Doverie United Holding Author: Ken Teegardin. Licence: Creative Commons.

SOFIA (Bulgaria), December 11 (SeeNews) - Bulgarian diversified group Doverie United Holding [BUL:5DOV] said on Wednesday that local Donev Investments Holding has acquired 2,030 shares in the company at a weighted average price of 3.10 levs ($1.76/1.59 euro) per share. 

Donev Investments Holding acquired the shares through several deals on the Bulgarian Stock Exchange, Doverie United Holding said in a bourse filing.

Donev Investments Holding has been actively acquiring small packages of Doverie United Holding's shares since the start of September.

The CEO of Donev Investments Holding - Ivan Donev, is also a member of Doverie United Holding's supervisory board. Donev Investments Holding is the largest shareholder in drug maker Sopharma [BUL:3JR], which in turn is the largest shareholder in Doverie United Holding.

At the end of September, Donev Investments Holding held directly a stake of under 5% in Doverie United Holding.

As at 9:35 CET on Wednesday, Doverie United Holding shares traded 3.21% higher at 3.22 levs on the Bulgarian Stock Exchange.

(1 euro = 1.95583 levs)

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