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Bulgaria's Rodna Zemya Holding files for listing cap hike share issue in Sofia

Author Mario Tanev
Bulgaria's Rodna Zemya Holding files for listing cap hike share issue in Sofia Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), September 3 (SeeNews) - The Bulgarian Stock Exchange (BSE) operator said on Tuesday that it has received a request for admission to trading of a subsequent issue of 19,999,997 shares in local diversified group Rodna Zemya Holding [BUL:6R2].

Rodna Zemya Holding increased its capital to some 56 million levs ($31.6 million/28.6 million euro) from 36 million levs through the share issue, the BSE said in a statement.

The company raised nearly 36 million levs through the issue, as it placed the shares at a price of 1.8 levs each.

Rodna Zemya Holding shares last traded on the Bulgarian Stock Exchange at a price of 1.8 levs each.

On Monday, Rodna Zemya Holding said that it has completed the acquisition of 100% of Sofia-headquartered HIT Hypermarket from Germany-based HIT Bulgarien.

(1 euro = 1.95583 levs)

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