October 28 (SeeNews) - Bulgarian diversified group Doverie United Holding [BUL:DUH] said that it will increase the capital of its wholly-owned unit Doverie-Invest by 2 million levs ($1.2 million/1.0 million euro).
Doverie United Holding will subscribe and pay for 2,000,000 new ordinary shares with a price of 1 lev each in the capital of Doverie-Invest, the diversified group said in a bourse filing on Wednesday.
According to commercial register data, the registered capital of Doverie-Invest currently amounts to 5 million levs divided into the same number of shares with a nominal value of 1 lev each.
In August, Doverie United Holding raised some 11.6 million levs in a capital increase via a new share issue. Investors subscribed and paid for a total of 2,763,756 shares in the company, the group said at the time.
Doverie United Holding's registered capital now amounts to some 21.5 million levs divided into 21,499,855 ordinary shares with a nominal value of 1 lev each.
On Wednesday, shares in Doverie United Holding closed flat at a price of 7.30 levs on the floor of the Bulgarian Stock Exchange.
Doverie United Holding owns majority stakes in over 20 companies active in various sectors of the economy, including healthcare, insurance, banking, retail trade, real estate, and others.
(1 euro = 1.95583 levs)