December 21 (SeeNews) - Bulgarian medical consumables producer Momina Krepost [BUL:MKR] said on Thursday that its shareholders have approved a capital increase to some 4.23 million levs ($2.37 million/2.16 million euro) from 1.69 million levs through a new share issuance.
The company will offer for subscription some 2.54 million new voting shares of 1 lev in par value each, priced at 2.10 levs apiece, Momina Krepost said in a stock exchange filing.
The capital increase will be considered successful if at least 1.27 million new shares are subscribed and paid for.
Equity owners will receive rights equal to the number of shares they hold in the company, allowing them to subscribe for shares from the capital increase, with each 1.5 rights corresponding to one new share.
The company's equity capital is currently divided into some 1.69 million shares with a nominal value of 1 lev apiece, according to the commercial register.
Shares in Momina Krepost last traded at 3.20 levs on the BaSE market of the Bulgarian Stock Exchange, bourse data show.
(1 euro = 1.95583 levs)