The majority shareholder Agro Invest Engineering is offering another 900,000 shares.
Both limit and market orders will be accepted by investment intermediaries, members of BSE. The minimum price of limit orders is set at 3.50 leva, there is no maximum price. The issue's managers are BenchMark Finance and Eurobank EFG Nulgaria.
In July 2007, when the first closed mixed auction was held, the majority shareholder said it aims at achieving a free-float of 35- 40% by spring 2008.
Secondary trade is characterized with a relatively good liquidity. 0.4% - 0.7% of the free-float change hands daily.
At the beginning of the week the company said it is negotiating the sale of 51% of the capital. Shares are currently traded between 3.99 and 4 leva.