Trade in the new stock issues of five companies will kick off on Tuesday. Two of the companies will debut on BSE, while the remaining three companies are carrying out capital raise operations. Agro Finance REIT's bonds will also be traded on BSE as of Tuesday.
Agricultural Land Opportunity Fund Mel Invest REIT (6А7) will raise its capital by 13,917,616 leva to 27,961,916 leva. Sila Holding-Stara Zagora (6S5) will hike its shareholder capital from 90,886 leva to 2,090,378 leva.
The shares issued as part of the capital raise operation of Alfa Wood Bulgaria AD-Dolni Chiflik (AL1) will also be traded on BSE as of Tuesday. The company raised its capital from 206,870 leva to 610,610 leva.
The new companies that will be traded on BSE as of July 22 are Turin Estates REIT and Vinus, Turin Estates' issue amounts to 650,000 shares and the company will be traded under the TPS stock symbol. Vinus will offer a total of 3,062,500 shares and will be traded under the VN7 stock symbol.
The general shareholders' meeting of Unipharm (59X) will be held on July 22, 2008. The shareholders will put to vote a proposal for the distribution of a total of 6,943,104 leva profit for 2007 and retained profit from previous years. A total of 10% of the sum will be allocated to the reserves, while 1 mln leva will be distributed as dividend (2 leva dividend per share). The remainder will be allocated to the additional reserves.
The general shareholders' meeting of Chimimport (6C4) will take place on Thursday, July 24. The shareholders will put to vote changes aimed at authorizing the management board of the company to take decisions within a five-year period on the raising the capital to up to 200 mln leva through the issuing of common or preferred stock.
The shares entitling participation in the capital raise of Balkantourist Elit AD-Sofia (5M8) will be traded as of Wednesday (July 23). The company plans to offer a total of 35,625,405 shares.
The number of rights stands at 10,178,687, while the rights and the new shares were issued at a ratio of 1/3.5. At least 26,719,054 shares have to be subscribed and paid in order for the capital raise to be successful.
The final date for trade in Ulpina REIT's rights is set for July 23. The company plans to raise its capital from 500,000 to 650,000 leva through the issuing of 150,000 shares with 1 leva par and issue value each.