The REIT plans to raise its capital from 14.044 mln. leva to 28.089 mln. leva through the issuing of 14.044 mln. rights. Each right will allow the subscription of one new share at 1.1 leva issue value.
The auction for the unused rights will be held on April 18, while the deadline for the subscription of shares issued in the capital raise is set for May 10.
Bulbrokers is the investment intermediary selected t to organize the capital increase operation.
If the capital raise is successful, the company will raise a total of 15.449 mln. leva. The capital will be hiked only if at least 2 mln. shares get subscribed and paid.
The deadline for trade in shares, allowing participation in the capital raise of the company, is set for March 20. No deals in the company's stock were sealed in early trade today as the bids/asks stood at 1.35/1.38 leva per share.