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Bulgaria's Holding Varna buys 2.42% stake in Sv. Sv. Konstantin i Elena Holding

Author Mario Tanev
Bulgaria's Holding Varna buys 2.42% stake in Sv. Sv. Konstantin i Elena Holding Sv. Sv. Konstantin i Elena Holding / All rights reserved.

SOFIA (Bulgaria), May 14 (SeeNews) - Bulgarian hotel operator Sv. Sv. Konstantin i Elena Holding [BUL:3NJ] said on Tuesday that diversified group Holding Varna [BUL:5V2] acquired on May 10 a 2.42% interest in the company in a deal worth 747,380 levs ($429,500/382,130 euro).

The diversified holding company bought 55,900 shares at a price of 13.37 levs apiece outside the Bulgarian Stock Exchange regulated market, Sv. Sv. Konstantin i Elena Holding said in a bourse filing.

Sv. Sv. Konstantin i Elena Holding shares last traded on the Sofia exchange at a price of 22.6 levs.

Holding Varna owned 52% of Sv. Sv. Konstantin i Elena Holding as of March, according to the hotel operator's interim financial statement. 

Sv. Sv. Konstantin i Elena Holding owns and operates through its subsidiaries seven hotels in Bulgaria.

Holding Varna’s portfolio includes companies in the tourism, media, real estate, and financial sectors.

(1 euro=1.95583 levs)

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