June 26 (SeeNews) - The remaining 1.114 million unexercised rights to subscribe for shares from Opportunity Bulgaria Investment's [BUL:I67] capital increase will be auctioned on July 1, the Bulgarian Stock Exchange said.
Each right gives its holder the option to subscribe for 1 share in Opportunity Bulgaria Investment at a price of 1.4 levs ($0.81/0.72 euro), Bulgarian Stock Exchange data shows.
A total of 2.286 million rights have so far been exercised, crossing the 350,000 threshold for considering the capital increase successful.
If the issue is fully subscribed, Opportunity Bulgaria Investment will double its registered capital to 6.8 million levs from 3.4 million levs, and raise 4.76 million levs in the process.
Opportunity Bulgaria Investment shares last traded on the Bulgarian Stock Exchange at a price of 1.02 levs apiece.
(1 euro = 1.95583 levs)