The shares of Advance Equity Holding and Zarneni Hrani Bulgaria will be floated for trade on BSE today.

Advance Equity Holding increased capital from 11.984 mln leva (6.127 mln euros) to 35.945 mln leva (18.378 mln euros) via issue of 23.961 mln shares with a face and issue value of 1.08 leva. As a result, the company raised 25.885 mln leva (13.234 mln euros) from the capital market.

Zarneni Hrani Bulgaria performed an IPO, in which 15% of the capital was allocated to local investors (oversubscription on this segment was 2.52 times) and 10% to foreign investors (oversubscription was 1.53 times).

On the bases of foreign investors orders the price was determined at 4.50 leva/share.

Synergon Holding has appointed a general meeting on December 20 (Thursday). Shareholders will discuss sales of properties to Petar Karaminchev, and more specifically a property comprising 8.37 parts of a terrain with a total area of 40308 square meters plus 22.50% of ideal parcels in a 130 sqm villa in Ruse, situated on Lipnik Blvd 73, property #2 in 531 neighborhood of Ruse city plan.

Also on Thursday, shareholders in CB Central Cooperative Bank will be voting changes to the company's statute, according to which the Management Board will be able to adopt decisions on capital increase via issue of new shares to no more than 10 mln leva in the following five years. The Board will also be able to determine an issue value to the new shares different from the current one. The amendment will be in power as of the date of its registration with the commercial register.

An auction for the sell-off of 93% of the capital of Record Jsc Gabrovo will be held on BSE on December 20 and 21.

The minimum bid for 56,000 shares, or 51.88% of the capital is set at 25 leva per share.

The minimum bid for the remaining 44,530 shares (41.25% of capital) will be 20 leva.

The general meeting of Unipak Jsc Pavlikeni is appointed December 21. Shareholders will vote a proposal for a 1:10 split, which means that all 113,599 registered paperless voting shares will be replaced by 1,135,990 new paperless registered voting shares in a proportion between of 10 new shares to one 1 existing share.

The last trade session this year will be on December 21, and the first trade session in 2008 will be January 2.
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