BSE-Sofia has been informed of a tender offer made to the shareholders in Hidropnevmotehnika AD Kazanlak at 45.80 leva.

The offerer Hidravlika 96 Ltd-Kazanlak owns directly or through related parties a total of 23 221 shares or 58.21% of the capital.

The number of shares subject to the offer is 16 671. The Financial Supervision Commission has not reacted yet.

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

The company’s core activities are mainly related to the production, design and repair of hydraulic elements and systems.

The company’s pre tax profit for 2007 first quarter is 126 000 leva or 3.16 leva per share against 25 000 leva or 0.31 leva/share for the first quarter of 2006.

30 shares of this company changed hands yesterday at an average of 52.67 leva. Only bids are announced at the moment, the highest of which is 48.10/share.