The Financial Supervision Commission approved the corrected tender offer which Hydraulica AD 96 Kazanlak made to the rest of shareholders in Hidropnevmotehnika JSC Kazanlak. Somoni Financial Brokerage Ltd Stara Zagora is the investment intermediary.

A total of 16 671 shares are subject to the offer which is at 45.80 leva per share.

Hidropnevmotehnika has a core capital in the amount of 79 784 leva allocated in 39 892 registered shares with a face value of 2 leva.

The company's core activity is the production, development and maintenance of hydraulic elements and systems. Hydraulica 96 controls 58.21% of its capital.

Hidropnevmotehnika posted net profit in the amount of 126,000 leva for 2007 1Q against 25,000 leva a year ago.

Today, just three shares changed hands on this position at 75.00 leva.