Thus, the total number of rights traded on the position in the first three days amounts to 9.783 leva, accounting for 22% of the total. The rights were traded at a price of 0.005 leva apiece. The total turnover until today stands at 48,916 leva.
Advance Terrafund plans to hike its capital from 44.056 mln leva to 110.14 mln leva through the issuing of 66.084 million new shares with 1.90 issue value each. A total of 44.056 mln rights have been issued as well. The rights and the shares were issued at a ratio of 1:1.5.
Advance Terrafund's rights will be traded until august 27 under the 6A6A stock symbol. The REIT will raise more than 125 mln leva, if all new shares get subscribed.
The unused rights will be auctioned off on September 5. The subscription of new shares will be carried out in the period August 14 – September 23.
A total of 100 shares in the company changed hands today at an average price of 1.87 leva apiece.