The auction for the sale of the rights from the capital increase of Technology And Innovation Corporation Saedinenie (

) will be held Thusrday (September 13).

735,179 unised rights will be offered at the auction, BSE reports.

A total of 2624 rights changed hands in 19 transactions during the two weeks of trade with them on BSE. The turnover on the position totalled 786.97 leva.

The company is planning a capital increase from 2 mln leva (1.022 mln euros) to 3 mln leva (1.533 mln euros). As we already informed, two rights entitle to the subscription of 1 new share at an issue price of 1 lev. The deadline for subscription of shares is 26 September 2007.

The company will use approximately 60% of the funds it raises to finance projects of its subsidiaries, and the rest will be invested in shares of BSE-Sofia, with the aim of enlarging the TIC Saedinenie's turnover portolio.

40 shares of Technology And Innovation Corporation Saedinenie have changed hands so far today on the BSE at 2.23 leva.