500,000 Rights in Arco Towers REIT Change Hands Today
A total of 500,000 rights in Arco Twoers REIT changed hands on the Bulgarian Stock Exchange (BSE) today. Profit.bg data show.
The rights were transferred at a price of 0.01 leva apiece. The rights were sold by the majority shareholders in the fund.
Thus, Singular Asset Management transferred 237,500 rights, while Unique Investment sold a total of 217,500 rights. Other sellers included AMD-Commerce АМД and Regulus, which transferred 25,000 and 20,000 rights, respectively.
Arco Towers Malta Ltd owns the remaining 150,000 rights.
The buyer of the 500,000 rights is still unclear. If the buyer is only one they will be able to subscribe 100,000 new shares, accounting for 12.82% of the capital of the company after the capital, at a total price of 11.3 mln leva.
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