June 6 (SeeNews) - Bulgarian diversified group Ekip-98 Holding [BUL:HEKI] said it will seek the consent of its shareholders to increase its capital to up to 30 million levs ($16.4 million/15.3 million euro) and issue bonds worth up to 60 million levs in total.
Over a five-year period, the company plans to increase its capital by issuing new common or preferred shares, converting bonds or through an exercise of warrants, Ekip-98 Holding said in a bourse filing on Monday.
The company also intends to issue bonds, including convertible ones, denominated in levs, euro or other currencies, the parameters of which will be determined by its board.
The proposals will be put to the vote at a general meeting of shareholders on June 23.
Last week, Ekip-98 Holding said it applied for admission of its 15 million levs bond to trading on the regulated market of the Bulgarian Stock Exchange.
Shares in Ekip-98 Holding last traded at 22.00 levs on the BaSE market of the Bulgarian Stock Exchange, bourse data show.
(1 euro = 1.95583 levs)