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The increase in the ceiling of Doverie-Invest in Bulgaria is entered in the commercial register

SOFIA (Bulgaria), November 16 (SeeNews) – Diversified Bulgarian group Doverie United Holding [BUL:DUH] indicated that the capital increase of 2 million levs (1.2 million dollars / 1.0 million euros) of its wholly-owned subsidiary Doverie-Invest was entered in the register of public limited companies on November 12.

The share capital of Doverie-Invest now stands at 7 million levs divided into the same number of ordinary shares with a par value of 1 lev each, the parent company said in a stock exchange document last week.

The unit’s capital increase is the result of Doverie United Holding’s own capital increase procedure which was successfully completed in August, the holding company noted.

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.

At 3:15 p.m. CET on Tuesday, shares of Doverie United Holding were trading up 1.74% to 8.18 lev on the Bulgarian Stock Exchange.

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 lev)


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