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Stake of 1.3% in Bulgaria's 235 Holdings trades in single deal on BSE

Author Mario Tanev
Stake of 1.3% in Bulgaria's 235 Holdings trades in single deal on BSE hxdbzxy/Shutterstock.com

SOFIA (Bulgaria), February 21 (SeeNews) - A total of 67,200 shares in Bulgaria's 235 Holdings, equal to a 1.3% 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 Thursday, bourse data shows.

The deal was priced at 14.9 levs per share, or 6.43% 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 stake of 97.87% in the Bulgarian company but via several transactions cut its stake to 58.95% by February 2.

235 Holdings shares started trading on the Bulgarian Stock Exchange on July 4, 2018. The company's share price has soared 180% since then.

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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