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Sofia bourse admits to trading Sopharma Trading cap hike share issue

Dec 13, 2019, 4:31:32 PMArticle by Mario Tanev
share
December 13 (SeeNews) - The Bulgarian Stock Exchange said on Friday that it has decided to admit to trading a subsequent issue of 1,371,041 shares in drug trader Sopharma Trading [BUL:SO5], issued in a recent capital increase.

Sofia bourse admits to trading Sopharma Trading cap hike share issue
Sopharma Trading/All rights reserved.

The shares will start trading on the bourse on December 16, the Sofia bourse operator said in a notice.

Sopharma Trading increased its capital to 34,276,050 levs ($19.4 million/17.5 million euro) from 32,905,009 levs via the new issue. The company raised 9.4 million levs through the new issue, as it placed the shares at a price of 6.85 levs apiece.

As at 14:15 CET on Friday, Sopharma Trading shares traded 0.88% higher at 5.75 levs on the Bulgarian Stock Exchange.

Sopharma Trading is a unit of Bulgarian drug maker Sopharma [BUL:3JR].

(1 euro = 1.95583 levs)

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