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Some 607,000 shares of Bulgaria's Bulgartabac trade on bourse

Oct 29, 2012, 5:39:32 PMArticle by Velizar Uzunov
share
SOFIA (Bulgaria), October 29 (SeeNews) – A total of 607,006 shares, equivalent to a stake of 8.24% in Bulgarian tobacco group Bulgartabac Holding [BUL:57B], were traded for 45.5 million levs ($30 million/23.3 million euro) on the Sofia bourse on Monday, stock exchange data showed.

Some 607,000 shares of Bulgaria's Bulgartabac trade on bourse

The shares changed hands in 20 transactions at an average price of 74.99 levs each, Bulgarian Stock Exchange (BSE) data indicated.

The parties to the deals were not disclosed.

The tobacco group closed up 9.05% at 75 levs on the BSE on Monday.

A total of 607,000 Bulgartabac Holding shares changed hands for 37 million levs in two block deals on the bourse last Thursday.

Bulgartabac, acquired last year by VTB Capital, the investment arm of Russia’s VTB Group, is undergoing restructuring.

(1 euro = 1.95583 Bulgarian levs)

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