Doverie United Holding Sells 25% of FK Ever

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Doverie United Holding Sells 25% of FK Ever

At its meeting today, the Board of Directors in Doverie United Holding unanimously approved two deals. One is the sale of 262,000 shares (25%) from the capital of FK Ever, a corporate notice to BSE reveals.

The second deal is to acquire 42,000 shares (42.04%) of Ruse-based Danube Jsc.

It emerged December 5 that Doverie United Holding's shareholders have approved a proposal for a capital increase from the current 13,149,848 leva (6.723 mln euros) to 14,026,505 leva (7.171 mln euros) via issue of 876,657 paperless voting shares with a face value of 1 lev and issuing price of 12 leva each.

The capital increase will be rendered successful if at least 701,325 new shares are subscribed and paid.

The public offering will take place after the Financial Supervision Commission approves the company's prospectus.

15 rights will entitle to the subscription of 1 new share.

The stock dropped 0.14% to an average pf 13.99 leva today at a turnover of 7,115 shares. On a weekly basis shares rose 0.36% after closing at 13.94 leva last Friday.

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