Bulgartabak Holding AD Sofia is planning to offer its shares in the capital of Kardjali Tabak AD, Yambol Tabak AD and Gotse Delchev BT in a public offering on the Bulgarian Stock Exchange.

The holding controls 461,828 shares in Kardjali Tabak AD, or 90.56% of its capital. The minimum price of the amount offered will be 2.1 mln leva (1.073 mln euros).

256,170 shares, or 99.73% of the capital of Yambol Tabak AD will be offered at a minimum price of 600,000 leva (306,755 euros).

Orders will be accepted over a 30-days period after the publishing of the public announcements.
The announcements will be published in six national and one local newspapers, and the date for submission of the orders will be appointed in the second half of August 2007.

The announcements will contain information about all important dates related to the offering.

The auction for the sell-off of 753,062 shares, or 78.27% of the capital of Gotse Delchev BT will be held 8 August 2007. The minimum price will be 2.25 mln leva (1.150 mln euros).

Gotse Delchev is the only public company among the three. Its stock was last traded on the BSE on 19 September 2006 at 2.00 leva.