Holding Varna A pocketed some 49.48 mln leva (25.298 mln euros) after successful capital increase procedures, BSE reports.

The subscription took place between November 7 and December 14. Investors subscribed a total of 1.099 mln new shares at an issue price of 45 leva each.

The public offering costs came to 24,750 leva.

The company will file the capital increase with the Commercial register of the District Court of Varna in the following days, the new issue will be registered with the FSC, Central depository and BSE-Sofia.

The company's capital will then be raised from 1 mln to 2.099 mln leva (1.073 mln euros). Shares are traded between 43 and 44.90 leva this morning, 1,190 have changed hands so far.