A total of 40,247 unused rights, issued as part of the capital raise operation of Alfa Wood Bulgaria AD - Dolni Chiflik (

), will be auctioned on the Bulgarian Stock Exchange (BSE) on April 3.

The figure accounts for 19.5% of the total number of rights issued in the capital raise. The deadline for the subscription of shares issued in the capital increase of the company is set for April 18.

Alfa Wood Bulgaria plans to raise its capital from 206,870 (105,770 euros) to 620,610 leva (317,300 euros) through the issuing of 206,870 rights. Each right entitles the subscription of two shares. The issue value of the shares is set at 30.00 leva apiece.

The capital will be raised only, if at least 297,120 new shares get subscribed and paid.

A total of 2,424 rights of the company traded hands in seven transactions over the last 20 trading sessions, Profit.bg data shows.

Alpha Wood Bulgaria's stock was last traded at a price of 21.10 leva per share.