Trade in the stock issues of Capman Green Energy Fund and Bulgari Reserve Properties REIT, as well as in the bond issue of Alu-Plast kicked off on the Bulgarian Stock Exchange (BSE) today.

The start of the trade was given by Nikolay Yalamov, executive member of the board of directors of Capman Green Energy and Ivailo Philipov, financial director of Alu-Plast.

Capman Green Energy will focus on investments in a new segment of the market, such as the production of green energy. The company will provide funding for its projects through subsequent capital raise operations, Yalamov said at the official presentation of the company on BSE.

The fund plans to start off with four projects, while the investments will not exceed 1.5 mln euros initially. Capman Green Energy is expected to have by the end of the year a portfolio enabling the company to draw up a prospectus for SPO. The capital is expected to be raised by 5 mln euros. The proceeds will be distributed among the projects.

Capman Green Energy will be traded under the C4P stock symbol on BSE. The issue amounts to 500,000 shares with 1 leva par and issue value each.

Alu-Plast's history dates back to 2000. The company has since managed to expand its share of the domestic market to the second highest in the country, Ivailo Philipov, said at the presentation of the newcomers on BSE. The proceeds from the bond issue were invested in the company's production and administrative building in Sofia. An IPO of the company should be expected, Philipov said.

The bond issue will be traded under the ALFA stock symbol. The bonds carry an annual interest rate of 7.80% and mature on February 4, 2011. The debt will be repaid at maturity.

A total of 22 new companies have been registered on BSE so far this year, as well as 11 REITs, 14 bond issuers and units of 11 mutual funds, BSE data show.

Photo: Nikolay Yalamov, executive member of the board of directors of Capman Green Energy (Profit.TV)