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Sofia bourse ends supervision of Bulgarian River Shipping shares

Jul 9, 2024, 4:28:56 PMArticle by Mihaela Miteva
share
July 9 (SeeNews) - The Bulgarian Stock Exchange (BSE) said on Tuesday that it has ended the surveillance of Bulgarian River Shipping's [BUL:BRP] share issue after the company satisfied listing requirements.

Sofia bourse ends supervision of Bulgarian River Shipping shares
Photo: Bulgarian River Shipping / All rights reserved.

Bulgarian River Shipping's listing on the standard equities segment of the BSE main market has been confirmed as the company fulfilled the criteria that its share issue has a monthly average of more than five transactions and a turnover exceeding 4,000 levs ($2,216/2,045 euro) on the BSE over the past six months, the exchange said in a notice.

Additionally, the company complied with requirements to have disclosed regulated information within the set timeframes through a chosen agency or media across all member states over the last six months and to not be undergoing liquidation or bankruptcy proceedings.

In January, the BSE placed the share issue under nine months of surveillance, saying that a review of compliance would be made every three months.

Shares in Bulgarian River Shipping last traded on June 12 when they closed at 0.585 levs on the Sofia bourse.

(1 euro = 1.95583 levs)

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