A mixed closed auction for the sale of 134,061 unsubscribed rights from the capital increase of Agro Finance REIT was held on BSE today.

17,189 rights (12.82% of the total offered rights) were sold in seven transactions at levels from 0.001 and 0.09 leva/right.

Each right entitles its owner to subscribe 55 of the trust’s new shares at a face value of 1 lev and issue value of 1.10 leva.

The trust plans to use the raised funds to buy agricultural land and to repay two bank credit lines.

The last transaction on this position was made on 5 April at 1.15 leva/share.