Final Date For Transactions in Moststroy Entitling To New Shares

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Final Date For Transactions in Moststroy Entitling To New Shares

Today (July 8) is the final day for trade in Moststroy entitling investors to new shares from the company's capital increase.

As you know the company will hike capital from 1.115 mln to 5.575 mln leva (2.85 mln euros) using won funds. This means each shareholder shall receive 4 new shares for free.

The increase will be performed using 2007 profit (5.153 mln leva, 2.63 mln euros). The company will not distribute dividend and will add the money to the reserves.

Last month Moststroy took part in the establishment of Moststroy Iztok (10%) and Consortium M&M Construction (25%).

The company is one of the eight enterprises which filed offers for the constrcution of the second diameter of Sofia subway, together with Hohteef and GBS.

200 shares have changed hands so far today on BSE at 123.50 leva.

Photo: Profit.bg

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