March 24 (SeeNews) - Bulgaria's Financial Supervision Commission (FSC) said that it has asked local diversified group Doverie United Holding [BUL:DUH] to provide additional information and documents regarding its request for approval of a capital increase prospectus.
The regulator did not provide further details in its statement, published on Tuesday.
Earlier this month, Doverie United Holding said that it will seek to raise up to 11.6 million levs ($7 million/5.9 million euro) via a new share issue. Doverie United Holding will offer 2,763,901 new shares for subscription at a price of 4.2 levs apiece.
The capital increase will be considered successful if at least 1,381,951 shares are subscribed for and paid for.
Shares in Doverie United Holding closed at a price of 4.3 levs on the Bulgarian Stock Exchange on Tuesday.
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)