The Financial Supervision Commission issued a temporary ban on the tender offer made by Hidravlika 96Ltd Kazanlak to the other shareholders in Hidropnevmotehnika AD Kazanlak through invesment intermediary Somoni Financial Brokerage Ltd Stara Zagora.

The number of shares subject to the offer is 16 671 and the bid is 45.80 leva/share.

Hidraulica 96 Ltd Kazanlak increased its share in the company's capital to 58.21% after purchasing 9.85% from Somoni Ltd in a block transaction on May 2.

Hidropnevmotehnika AD has a core capital of 79 784 leva allocated in 39 892 registered shares with a face value of 2 leva.

The company's core activity is the production, design and repair of hydraulic elements and systems.

For the first quarter of the year Hidropnevmotehnika Ad Kazanlak posted pretax profit in the amount of 126 000 leva or 3.16 leva per share in comparison with 25 000 leva or 0.31 leva per share for the respective period a year ago.

No transactions involving the company's stock were made today and bids and askes stayed at 56 and 65 leva respectively.