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Bulgaria's Investor.bg seeking 3.8 mln euro in cap hike

Author Mario Tanev
Bulgaria's Investor.bg seeking 3.8 mln euro in cap hike tanatat/Shutterstock.com

SOFIA (Bulgaria), December 6 (SeeNews) - Bulgarian online media company Investor.bg [BUL:4IN] said that it is seeking to raise up to 7.5 million levs ($4.2 million/3.8 million euro) in a capital increase.

Investor.bg is offering 2.5 million shares for subscription at a price of 3 levs apiece, the company said in a bourse filing on Thursday.

The shares carry a nominal value of 1 lev apiece.

The capital increase will be considered successful if at least 250,000 shares are subscribed for and paid for.

(1 euro = 1.95583 levs)

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