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Bulgaria's FSC enters Sopharma Trading cap hike issue into public co register

Dec 11, 2019, 10:42:07 AMArticle by Mario Tanev
share
December 11 (SeeNews) - Bulgaria's Financial Supervision Commission said that it has entered into the register of public companies a subsequent issue of 1,371,041 shares in drug trader Sopharma Trading [BUL:SO5], allowing the company to seek its listing on the Sofia bourse.

Bulgaria's FSC enters Sopharma Trading cap hike issue into public co register
Sopharma Trading/All rights reserved.

Sopharma Trading increased its capital to 34,276,050 levs ($19.4 million/17.5 million euro) from 32,905,009 levs via the new issue, the regulator said in a statement on Tuesday.

The company raised 9.4 million levs through the new issue, as it placed the shares at a price of 6.85 levs apiece.

Sopharma Trading shares closed unchanged at 5.65 levs on the Bulgarian Stock Exchange on Tuesday.

Sopharma Trading is a unit of Bulgarian drug maker Sopharma [BUL:3JR].

(1 euro = 1.95583 levs)

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