At its meeting today, the Financial Supervision Commission (FSC) has approved the prospectus for the listing of shares issued by Svishtov-based Slancho Jsc, the Commission says on its website.

The issue's value stands at 1.6 million leva allocated in as many common shares with a face value of 1 lev, representing the company's capital.

The company is a manufacturer of baby food and diet cereals. Main shareholders are Resort Complex Buhovo controlling 75.85% and Viktor Alexiev Mikhailov (19.7%).

Resort Complex Buhovo is 100% controlled by Nivia Trading.

The company's Board of Directors includes Emil Dinkov – executive director, Viktor Mikhailov – chair and executive director and Nina Dancheva.