The secondary public offering will take place 19 February. 60% of shares will be offered to institutional investors and 40% to individuals.
Individual investors must deposit the cash in advance with DSK Bank in order to back their subscription.
Trade with the shares is scheduled to start February 21. Sparky Eltos has invested some 22 mln leva (11.248 mln euros) between 2002 and 2007. The investment plan for the 2008 – 2010 period requires some 16.5 mln leva (8.436 mln euros).
The company exports mainly to France and Germany.
Sparky expects 2007 profit to come to 8.749 mln leva (4.473 mlne euros) at 49.373 mln leva (25.244 mln euros) in sales revenues.
2008 revenue is projected at 42.312 mln leva (21.633 mln euros), and profit is estimated at 9.074 mln leva (4.639 mln euros).