September 4 (SeeNews) - Bulgarian diversified group Holding Varna [BUL:5V2] has acquired 40,000 shares in local hotel operator Sv. Sv. Konstantin i Elena Holding [BUL:3NJ] at a price of 14.2 levs ($8.00/7.30 euro) apiece, the latter said on Wednesday.
Holding Varna bought the shares on the Bulgarian Stock Exchange on August 30, Sv. Sv. Konstantin i Elena Holding said in a bourse filing.
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The shares involved in the transaction represent a stake of 1.73% in the capital of Sv. Sv. Konstantin i Elena Holding.
Holding Varna held a stake of 52% in Sv. Sv. Konstantin i Elena Holding at the end of the first half of 2019, according to the company's interim financial statement published at the end of August.
Sv. Sv. Konstantin i Elena shares last traded on the Bulgarian Stock Exchange on Tuesday, when they closed unchanged at 21.80 levs.
(1 euro = 1.95583 levs)