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Bulgaria's Premier Fund REIT raises 6.2 mln euro in cap hike

Author Mario Tanev
Bulgaria's Premier Fund REIT raises 6.2 mln euro in cap hike wrangler/Shutterstock.com

SOFIA (Bulgaria), January 13 (SeeNews) - Bulgaria's Premier Fund REIT [BUL:4PR] said on Monday that it has raised some 12.1 million levs ($6.9 million/6.2 million euro) through a capital increase.

The company increased its capital to some 1.8 million levs from 650,000 levs through the issuance of 1,149,999 shares, Premier Fund REIT said in a statement.

The new shares were subscribed for by investors at a price of 10.5 levs apiece.

Premier Fund REIT shares last traded on the Bulgarian Stock Exchange at a price of 2.8 levs apiece. 

(1 euro = 1.95583 levs)

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