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Bulgaria's Euroins increases stake in Synthetica to 5.57%

Bulgaria's Euroins increases stake in Synthetica to 5.57% Author: Ken Teegardin. Licence: Creative Commons.

SOFIA (Bulgaria), August 15 (SeeNews) - Bulgarian diversified group Synthetica [BUL:EHN] said on Thursday that insurer Euroins, part of local Euroins Insurance Group (EIG), has increased its stake in the company to 5.57%.

Following the transaction, which increased the insurer's stake above 5%, Euroins owns 152,072 shares in Synthetica, the company said in a bourse filing.

No further details were disclosed.

Synthetica's shares last traded on the Bulgarian Stock Exchange on Wednesday when they closed at 42.6 levs ($24.2/21.7 euro), up 1.4%

(1 euro = 1.95583 levs)

 

 

 

 

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