25,711 shares are subject to the offer, which is at 19.59 leva per share. Eurohold Bulgaria controls, directly or through related parties, a total of 197,754 shares or 88.49% of the capital.
The holding does not intend to delist the company from the public register. The Financial Supervision Commission has not reacted yet.
Eurohold Bulgaria increased it stake in Frormoplast in two block transactions on 10 August, in which it acquired 38.41% of the capital from Starcom AD and Formoplast 98 AD.
Formoplast posted a negative result in the amount of 111,000 leva (56,753 euros) in H1m against 219,000 leva (111,972 euros) a year ago. Core capital stands at 223,000 leva (114,018 euros) and own capital is at 6.295 mln leva (3.218 mln euros).
77 shares changed hands on the position yesterday at 19.50 leva/share.