BSE's Board of Directors approved registration of an issue of shares of Stock Plus Jsc for trade on Unofficial Market of Equities, Segment A. The issue's value stands at 4,809,450 leva, allocated in as many shares, which are to be floated Wednesday (January 23). The face value of the stock is 1 lev/share.

Stock Plus posts net loss in the amount of 52,000 leva (26,587 euros) for the fiscal 2007, versus a negative result of 7,000 leva last year, the company's preliminary report filed with the BSE reveals.

Last year costs stood at 52,000 leva, of which 48,000 leva for external services, 1,000 leva amortization and 3,000 leva listed as “others”, and no revenues.

Stock Plus projects sales revenue to top 8 mln leva (4.090 mln euros) in 2008, and to reach 20.209 mln leva (10.332 mln euros) in 2009. According to the company's prognoses, stated in papers filed with BSE, costs will grow from 2.797 mln leva (1.430 mln euros) in 2008, to 7.088 mln leva (3.624 mln euros) in 2009.

Next year's profit is expected to come to 4.886 mln leva (2.498 mln euros), and to 11.868 mln leva (6.068 mln euros) in two years' time.

The company was founded on 2005 and its core activities include purchase and sale of properties, procedures for changing property statute, design, construction, renting, management etc of real estate.