A total 152,737 rights, issued as part of the capital raise operation of Energetics & Energy Savings Fund SPV (EESF), were sold at an open-bid auction on the Bulgarian Stock Exchange today. The rights to which no shares had been subscribed were auctioned at prices ranging between 0.05 and 0.15 leva apiece.

The rights were sold in a total of 17 transactions, while the turnover amounted to 12,282.85 leva.

Two rights entitle the subscription of one new share at 3.20 leva issue value. The deadline for the subscription of shares, issued as part of the capital raise of the company, is set for April 3, 2008.

If the operation is successful, the capital of Energetics & Energy Savings Fund will grow from 650,000 to 975,000 leva, while the proceeding for the company will amount to 1.04 mln. leva, excluding capital raise costs.

A total of 1,000 shares in the EESF traded hands today at prices ranging between 3.70 and 3.80 leva apiece.