Sofia bourse operator refuses to admit Ekip-98 Holding to main market

The company has not met the main market's requirements for information disclosure during the 12 months preceding the request, the Sofia bourse operator said in a statement.

Earlier this year, Ekip-98 Holding raised 9 million levs ($5.1 million/4.6 million euro) by increasing its capital to 780,004 levs from 180,006 levs. The company placed 599,998 shares at a price of 15 levs apiece.

Ekip-98 Holding shares last traded on the Bulgarian Stock Exchange at a price of 16.6 levs.

(1 euro = 1.95583 levs)