The entire amount changed hands in one transaction at 2.09 leva per share,or 313,500 leva (160,290 euros) in total.
The fund is planning a capital increase from 500,000 leva (255,645 euros) to 650,000 leva (332,339 euros) by issuing 150,000 rights, each of which entitles to the subscription of 1 new share at a face and issue value of 1 lev.
The fund is established by Republica Holding AD controlling 30% of its capital and 10 physical persons. It has acquired two properties in Sofia in compliance with the invstemnt strategy.
Secondary trade with the rights starts today under the code R2UNTD, and will continue through 17 August 2007. The deadline for subscriptions of shares from the capital increase is 14 September 2007.