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Bulgaria's Sopharma Trading raises 4.8 mln euro in cap hike

Nov 18, 2019, 4:11:59 PMArticle by Mario Tanev
share
November 18 (SeeNews) - Bulgarian drug trader Sopharma Trading [BUL:SO5] said on Monday that it has raised some 9.4 million levs ($5.3 million/4.8 million euro) in a capital increase via a new share issue.

Bulgaria's Sopharma Trading raises 4.8 mln euro in cap hike
Sopharma Trading / All rights reserved.

Investors subscribed for 1,371,041 of the 1,371,042 offered shares, the company said in a bourse filing.

Sopharma Trading increased its capital by 1,371,041 levs through the new issue.

As at 13:50 CET on Monday, Sopharma Trading shares traded 0.85% lower at 5.80 levs on the Bulgarian Stock Exchange.

Sopharma Trading is a unit of Bulgarian drug maker Sopharma [BUL:3JR].

(1 euro = 1.95583 levs)

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