October 2 (SeeNews) - Super Borovets Property Fund REIT [BUL:6SB] said on Wednesday that it has extended the deadline for subscribing for shares from its ongoing capital increase by 58 days to November 29.
Super Borovets Property Fund REIT is offering 7.2 million shares for subscription at a price of 2.22 levs ($1.24/1.14 euro) each, the company said in a statement.
If the issue is fully subscribed, the company will raise some 16 million levs.
The capital increase will be considered successful if at least 2.4 million shares are subscribed for.
Super Borovets Property Fund REIT shares last traded on the Bulgarian Stock Exchange at a price of 2.40 levs.
(1 euro = 1.95583 levs)