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Nov 13, 2017 15:05 EEST
November 13 (SeeNews) - Sofia-based company Opportunity Bulgaria Investment said on Monday it has decided to increase its capital to 3.4 million levs ($2.0 million/1.7 million euro) from 850,000 levs via a new share issue.
The proceeds from the capital increase will be used to acquire stakes in a portfolio of companies which have a solid growth potential, Opportunity Bulgaria Investment said in a statement.
The company intends to issue 2.55 million shares with a nominal value of 1 lev each, equal to their sale price, Opportunity Bulgaria Investment said.
The capital hike will be considered successful if at least 500,000 shares are subscribed for and fully paid for.
(1 euro=1.95583 levs)
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