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Bulgaria's Puldin Properties Invest REIT raises 18.4 mln euro in cap hike

Author Mario Tanev
Bulgaria's Puldin Properties Invest REIT raises 18.4 mln euro in cap hike Author: Ken Teegardin. Licence: Creative Commons.

SOFIA (Bulgaria), February 26 (SeeNews) - Bulgaria's Puldin Properties Invest REIT [BUL:5P6] said that it has raised 36 million levs ($20 million/18.4 million euro) in a capital increase via a new share issue.

Investors subscribed for 17,999,999 shares at a price of 2 levs apiece, the company said in a bourse filing earlier this week.

Puldin Properties Invest REIT shares last traded on the Bulgarian Stock Exchange at a price of 1.8 levs.

(1 euro = 1.95583 levs)

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