A total of 10,786 shares of Bulgarian River Shipping AD were bought today in the first of a total of five auctions for the sell-off of 25.21% from the company’s capital.

Prices varied in the 180-200 leva/share range with total turnover reaching 1.972 mln leva.

A total of 40,000 shares were offered in today’s auction with the minimum price set at 180 leva/share.

Investors will be able to make market bids in the forthcoming auctions. Offers are accepted between 13.00 and 14.00h.

Bulgarian River Shipping reported a profit of 1.33 mln leva for the first quarter of the year versus 296 000 leva a year ago.

6 shares changed hands on this position today at 204.00 leva/share. Another 40,000 shares will be offered in tomorrow’s auction.