You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Bulgaria's Donev Investments Holding further ups stake in Doverie United Holding

Author Mario Tanev
Bulgaria's Donev Investments Holding further ups stake in Doverie United Holding Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), September 17 (SeeNews) - Bulgarian diversified group Doverie United Holding [BUL:5DOV] said on Tuesday that local Donev Investments Holding has acquired 1,385 shares in the company at a price of 3.28 levs ($1.82/1.65 euro) per share. 

Donev Investments Holding acquired the shares in two deals on September 16, Doverie United Holding said in a statement.

Donev Investments Holding has been actively acquiring small packages of Doverie United Holding 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 also the largest shareholder in drug maker Sopharma [BUL:3JR], which in turn is the largest shareholder in Doverie United Holding.

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

As at 9:30 CET on Tuesday, Doverie United Holding shares traded 1.83% higher at 3.34 levs on the Bulgarian Stock Exchange.

(1 euro = 1.95583 levs)

Compare