All Expat Beta REIT's Rights Sold in Three Transactions Today

All rights issued as part of the capital raise operation of Expat Beta REIT were sold in three transactions today at a price of 0.05 leva apiece. A total of 1.954 mln rights were transferred in the first deal sealed today.

The number of rights traded in the second and the third transaction amounted to 23,000 each.

Expat Beta REIT plans to hike its capital from 3 mln leva to 5 mln leva.

The REIT issued a total of 2 mln rights each entitling the subscription of 1 new share with 1.0 leva par and issue value. The rights are traded under the E7PA stock symbol.

The rights will be traded in the period August 20 to September 2. The final date for the subscription of the new shares is set for September 29.

A total of 20 companies and individuals are among the founders of the REIT. Major shareholders include BenchMark Fund-2 ( 27%), BenchMark Fund – 3 (3%), „Oxygen (11.93%), Active Group (10%), Safari Club BG (5%), Monika Yosifova (6.67%), Bilyana Dyakova (6.07 %).

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