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Bulgarian Doverie United Holding increases capital of Doverie-Invest unit

SOFIA (Bulgaria), October 28 (SeeNews) – Diversified Bulgarian group Doverie United Holding [BUL:DUH] announced that it would increase the capital of its wholly-owned subsidiary Doverie-Invest by 2 million levs (1.2 million dollars / 1.0 million euros).

Doverie United Holding will subscribe and pay 2,000,000 new ordinary shares at a price of 1 lev each in the capital of Doverie-Invest, the diversified group announced on Wednesday in a stock market file.

According to data from the commercial register, the share capital of Doverie-Invest currently amounts to 5 million levs divided into the same number of shares with a par value of 1 lev each.

In August, Doverie United Holding raised some 11.6 million levs in a capital increase through a new issue of shares. Investors subscribed and paid for a total of 2,763,756 shares of the company, the group said at the time.

The share capital of Doverie United Holding now amounts to some 21.5 million levs divided into 21,499,855 ordinary shares with a par value of 1 lev each.

Doverie United Holding shares closed flat on Wednesday at 7.30 levs on the Bulgarian Stock Exchange floor.

Doverie United Holding has controlling interests in more than 20 companies active in various sectors of the economy, including healthcare, insurance, banking, retail, real estate and others.

(1 euro = 1.95583 levs)


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