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Stake of 1.1% in Bulgaria's 235 Holdings trades in single deal on BSE

Author Mario Tanev
Stake of 1.1% in Bulgaria's 235 Holdings trades in single deal on BSE Author: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), March 11 (SeeNews) - A total of 54,136 shares in Bulgaria's 235 Holdings, equal to a 1.1% stake in the real estate investment company, changed hands in a single deal worth just over 1 million levs ($592,900/511,300 euro) on the Bulgarian Stock Exchange on Tuesday, bourse data shows.

The deal was priced at 18.5 levs per share, or 5.11% higher that the company's previous closing price on the Sofia exchange, according to BSE data.

No further details were immediately available.

Hong Kong-registered 235 Holdings Limited, majority owner of Sofia-based 235 Holdings, has been actively divesting its stake in the company since mid-2018. In June 2018, 235 Holdings Limited held a 97.87% interest in the Bulgarian company but via several transactions cut its stake to 54.99% by February 26.

235 Holdings shares started trading on the Bulgarian Stock Exchange on July 4, 2018. 

Last year, 235 Holdings increased its capital to 5.1 million levs from 100,000 levs by issuing 5 million shares at a price of 1 lev apiece. 

(1 euro = 1.95583 levs)

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