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Bulgaria's Donev Investments Holding keeps buying Doverie United Holding shares

Author Mario Tanev
Bulgaria's Donev Investments Holding keeps buying Doverie United Holding shares Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic.

SOFIA (Bulgaria), September 18 (SeeNews) - Bulgarian diversified group Doverie United Holding [BUL:5DOV] said on Wednesday that local Donev Investments Holding has acquired 356 shares in the company at a price of 3.34 levs ($1.89/1.71 euro) per share. 

Donev Investments Holding acquired the shares in two deals on September 17, 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.

Doverie United Holding shares closed at 3.30 levs on the Bulgarian Stock Exchange on Tuesday.

(1 euro = 1.95583 levs)

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