Capital Increases of Exclusive Property and Serdica Properties Registered

485
The Financial Supervision Commission has approved the capital increase of both Exclusive Property Reit and Serdica Properties Reit. The funds increased capital with the purpose of trade on the regulated market.

Excusive Property increased capital from 500 000 leva to 7.998 mln leva through the issuance of 7.498 mln shares with a nominal value of 1 lev.
63 persons took part in the capital increase of which 36 natural persons and 27 artificial.

The company will invest the generated funds in the purchase of property and the construction of an office building on Blvd. Todor Aleksandrov, Sofia’s central area, which the company is later to sell or lease out.

Serdica Properties Reit increased capital by the regulated minimum of 30% to 650 000 leva through the issuance of 150 000 common, dematerialized, voting shares with a face value of 1 lev each.

12 persons, of which 10 physical and 2 artificial, took part in the increase.

Serdica Properties is planning the purchase of two office buildings in downtown Sofia, which the company will later give out on lease.

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