Severcoop Gamza Increases Its Share in Media Systems to 12.3%

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Sevrcoop Gamza Holding AD increased its share in Media Systems to 12.294% of the company's capital, BSE reported.

The change is the result of a deal made May 23 inwhich153,000 shares changed hands at 4.40 leva or for a total value of 673.2 000 leva. The seller is the major shareholder Tado-Trade Action Development Organisation AD which thus reduced its share to 77.11%.

It is worth pointing out that 1,499,972 of the 1,500,000 shares offered by Media Systems AD-Stara Zagora in its capital increase were subscribed and paid.

The company's core activity is the closed production cycle (mastering-replication-print) of optical carriers of the type DVD and DVD-R. It raised 1.5 mln leva in the increase while the costs of the offering stood at 35,203 leva.

Media System's 1Q profit is down to 125,000 leva from 354,000 leva in the respective period last year.

No transactions have been made on the position today, the bids and asks are currently at 3.79 and 4.25leva per share.

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