September 19 (SeeNews) - Bulgaria's Financial Supervision Commission said it has delisted local real estate investment company Pargea from the register of public companies due to its failure to present an audited annual financial report for 2017.
In addition, the company failed to hold the mandatory annual meeting of the shareholders, the financial regulator said in a statement late on Tuesday.
The FSC has also delisted Pargea shares from its register of publicly traded securities, the regulator said.
Pargea was entered into the register of public companies in December 2013.
Pangea has a registered capital of 5.3 million levs ($3.2 million/2.7 million euro), spread in 5,291,900 shares with a nominal value of 1 lev each, according to commercial register data.
(1 euro = 1.95583 levs)