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CEO acquires 23,400 shares in Bulgaria's cosmetics maker Lavena

CEO acquires 23,400 shares in Bulgaria's cosmetics maker Lavena Lavena / All rights reserved.

SOFIA (Bulgaria), September 18 (SeeNews) - Bulgarian lavender oil and cosmetics producer Lavena [BUL:4L4] said on Wednesday that its CEO Konstantin Shalamanov has acquired 23,400 shares in the company at a price of 3.76 levs ($2.12/1.92 euro) apiece. 

Shalamanov bought the shares in a transaction on the Bulgarian Stock Exchange on September 13, the company said in a bourse filing. 

The acquired shares represent a 0.23% stake in the capital of Lavena.

Lavena is majority-owned by Sofia-based Baltimor, which held a stake of 74.96% as of December 2017, according to Lavena's most recent financial report available on the website of Bulgaria's commercial register.

Lavena has two subsidiaries - Lavena Agro and Lavena Merchandising.

In August the company said that its consolidated net profit rose to 894,000 levs in the first half of 2019 from 604,000 levs in the same period of last year.

Lavena's shares last traded on the Bulgarian Stock Exchange on Tuesday when they closed unchanged at 3.76 levs. 

(1 euro = 1.95583 levs)

 

 

 

 

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