Sofia City Court Registers Capital Increase of Energoremont Holding

The capital increase of Energoremont Holding was registered by Sofia City Court June 8, 2007. The company increased capital from 349,340 leva (178,614 euros) to 3 842 740 leva (1.965 mln euros) , through the issuance of 3 493 400 registered, paperless, non-privileged, voting shares with a face value of 1 lev.

The Court also registered Teodor Rodenov Osikovski as Chief Executive Director, BSE adds.

The new shares wil be allocated among investors in proportion to their interest in the capital prior to the increase as follows: 10 new shares will be allocated to each one of the old shares.

Principal shareholders in the company are Milenia 77 Ltd, controlling 33.46% of the capital, Conventional Energy Systems AD with 32.39% and Bulgarian Energetics JSC with 31.73%.

The company's stock is currently 1.91% down on the BSE to an average of 50.25 leva, 52 shares have changed hands so far today.

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