SOFIA (Bulgaria), July 26 (SeeNews) – Bulgarian linen manufacturer Rilski Len [BUL:4OB] said on Wednesday its parent company, Rilenatex, intends to sell a stake of up to 70% of the share capital of its subsidiary.
Samokov-based Rilenatex plans to sell up to 309,190 Rilski Len shares through the Bulgarian Stock Excahnge (BSE), Rilski Len said in a bourse filing.
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Rislki Len, also based in Samokov, manufactures linen and linen products. The company has a registered capital of 441,707 levs ($263,115/225,841 euro) spread in 441,707 shares with a nominal value of 1 lev each.
(1 euro = 1.95583 levs)