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Bulgaria's Donev Investments Holding grows stake in Doverie United Holding

Author Mario Tanev
Bulgaria's Donev Investments Holding grows stake in Doverie United Holding Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic.

SOFIA (Bulgaria), September 17 (SeeNews) - Bulgarian diversified group Doverie United Holding [BUL:5DOV] said that local Donev Investments Holding has acquired 1,127 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 13, Doverie United Holding said in a statement on Monday. 

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.

Doverie United Holding shares closed 2.96% lower at 3.28 levs on the Bulgarian Stock Exchange on Monday.

(1 euro = 1.95583 levs)

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