SOFIA (Bulgaria), July 11 (SeeNews) – Bulgarian online media company Investor.bg [BUL:4IN] said on Tuesday it plans to increase its capital to 4.8 million levs ($2.8 million/2.4 million euro) from 3.2 million levs through issuance of 1.6 million shares with a nominal value of 1 lev each.
The new shares will be issued at a price of 12.95 levs apiece, Investor.bg said in a statement.
The proposal was approved by the company shareholders at a general meeting held on July 10.
Investor.bg shares were last traded on July 6 when they closed 21.86% higher at 12.249 levs on the Bulgarian Stock Exchange.
(1 euro = 1.95583 levs)