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Donev Investments Holding cuts stake in Doverie United Holding

Dec 19, 2019, 3:26:03 PMArticle by Aleksia Petrova
share
SOFIA (Bulgaria), December 19 (SeeNews) - Bulgaria's Doverie United Holding [BUL:5DOV] said on Thursday that local diversified group Donev Investments Holding has sold 3,626 shares in Doverie at a weighted average price of 3.48 levs ($1.97/1.77 euro) per share.

Donev Investments Holding cuts stake in Doverie United Holding
Author: Ken Teegardin. Licence: Creative Commons.

Donev Investments Holding sold the shares in eight transactions on the Bulgarian Stock Exchange on December 18, Doverie United Holding said in a bourse filing. 

The number of shares represents a 0.019% stake in Doverie United Holding.

At the end of September, Donev Investments Holding held directly a stake of under 5% in Doverie United Holding.

The CEO of Donev Investments Holding - Ivan Donev, is also a member of Doverie United Holding's supervisory board. Donev Investments Holding is the largest shareholder in pharmaceuticals producer Sopharma [BUL:3JR], which in turn is the largest shareholder in Doverie United Holding.

As at 14:05 CET on Thursday, Doverie United Holding's shares traded 7.95% higher at 3.80 levs.

(1 euro = 1.95583 levs)

 

 

 

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