- By country
- By industry
- By topic
- Top 100
SOFIA (Bulgaria), December 11 (SeeNews) - Bulgarian self-managed alternative investment fund VF Alternative [BUL:2YH] said that it is seeking the approval of its shareholders to seek to raise up to 1.8 million levs ($1 million/920,000 euro) via a new share issue.
VF Alternative is planning to offer 100 shares at a price of 18,000 levs apiece, the company said in an invitation for a shareholders meeting.
The new shares carry a nominal value of 10,000 levs apiece.
If the issue is fully subscribed, the company will lift its capital by 1 million levs to 5 million levs.
VF Alternative shareholders will vote on the proposal on December 27.
(1 euro = 1.95583 levs)