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Bulgaria's Finance Direct gets shareholders nod for cap hike

Author Mario Tanev
Bulgaria's Finance Direct gets shareholders nod for cap hike tanatat/Shutterstock.com

SOFIA (Bulgaria), September 3 (SeeNews) - Financial leasing company Finance Direct [BUL:0FDD] said that its shareholders have approved the company's plans to seek to increase its capital by 500,000 levs ($285,000/256,000 euro) to 2.5 million levs.

Finance Direct will offer for subscription 500,000 shares at a price of 1 lev each, the company said in a statement on Monday.

The new shares have to be paid by September 13.

(1 euro = 1.95583 levs)

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