Formoplast Increases Capital To 3.799 Mln Leva
Shareholders in Formoplast (
) approved a proposal to increase capital from 223,000 leva (114 thousand euros) to 3.799 mln leva (1.942 mln euros) via issue of 3.575 mln new shares with a face and issue value of 1 lev, BSE reports.
Newly issued shares will be allocated among investors in a proportion to their interest in the capital prior to the increase – 16 new shares to each 1 existing share held.
The final date for transacting the company's stock, as a result oh which the holder will be entitled to new shares from the capital increase, is October 31.
Eurohold Bulgaria controls (directly or via related parties) a total of 88.49% of the capital.
Shares are traded at levels between 81.111 and 88.66 leva today.