The majority stake in Bulgartaba Holding's subsidiary Tobacco Company Plovdiv (810,000 shares) was sold for a total of 29.62 mln leva, or 36.569 leva per share, Profit.bg data show.

A total of 866,000 shares in the company have changed hands so far today in 89 deals. The total value of the transactions amounts to 31.624 mln leva.

Th majority stake in other Bulgartabac Subsidiary - Slantse Stara Zagora-Tabac, was acquired on Monday. The revenue from the sale totaled 18.187 mln leva for 921,000 share, or 19.75 leva per share.

The two companies were sold with their licenses for the production of tobacco products and tobacco processing.

The prices offered in both sales exceeded by far the stock prices of the two companies of just a month ago. The stock of Slantse Stara Zagora-Tabac was traded a price of 7-8 leva per share back then, while а that of of Tobacco Company Plovdiv stood at 8-10 leva per share.

Photo: BGNES/EPA