November 4 (SeeNews) - Bulgaria's Telelink Business Services Group (TBS Group) [BSE:TBS] said that its shareholders Lyubomir Minchev, Ivo Evgeniev and Spas Shopov are ready to offer for sale on the Bulgarian stock exchange a stake of more than 50% in the company in the beginning of 2022.
"I believe that TBS Group has reached a point in its evolution where a player of the above magnitude could be interested in entering the company as a strategic investor likely to accelerate and multiplicate significantly TBS Group’s growth potential," Minchev said in a burse filing published by the company earlier this week.
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Such an investor could also facilitate the expansion on existing and the conquest of new markets both in the Balkan region and on the increasingly promising enterprise segments of the Western European, North American, and global market, Minchev also said.
Minchev, Evgeniev and Shopov listed shares representing a 21% stake in the company earlier this year.
As at 14:00 CET on Thursday, shares in TBS Group traded 1.27% higher at a price of 16.00 levs on the floor of the Sofia bourse.
TBS Group was spun off from local company Telelink Bulgaria in 2019, becoming the sole owner of IT infrastructure, information security and digital transformation solutions provider Telelink Business Services and several other units of Telelink, engaged in similar activities.
(1 euro = 1.95583 levs)