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Bulgaria's Leasing Company acquires 0.93% stake in cosmetics maker Bulgarian Rose

Author Mario Tanev
Bulgaria's Leasing Company acquires 0.93% stake in cosmetics maker Bulgarian Rose Author: Bulgarian Rose / All rights reserved.

SOFIA (Bulgaria), April 15 (SeeNews) - Cosmetics maker Bulgarian Rose [BUL:4BH] said that local firm Leasing Company has acquired 50,000 shares in Bulgarian Rose at a weighted average price per share of 2.0 levs ($1.2/1.0 euro).

Leasing Company acquired the shares through a deal on the Bulgarian Stock Exchange on Friday, Bulgarian Rose said in a bourse filing at the time.

Bulgarian Rose shares closed at 2.0 levs on the Sofia exchange on Friday.

Leasing Company was not among shareholders with a stake of over 5% in Bulgarian Rose at the end of 2018, according to Bulgarian Rose's annual financial statement. However, Leasing Company is a member of Bulgarian Rose's board of directors.

Karlovo-based Bulgarian Rose, established in 1948, manufactures cosmetic products for face, body, and hair using rose oil and locally-grown herbs.

Bulgarian Rose, part of blue-chip industrial group Stara Planina Hold [BUL:5SR], has stores in nine cities across Bulgaria.

(1 euro = 1.95583 levs)

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