The auction for the 7 119 236 unused capital increase rights of Doverie United Holding (38% of the issue) will be held on Aug 17, meaning that 62% of the BGN 18.7m issue has been subscribed during rights trading period. 6.78 rights are needed for subscription of 1 new share. Currently, the market price per share is BGN 7.22 as of 16 August while the capital increase price is BGN 4.2 per share, which points to a theoretical price per right of BGN 0.44. Please, recall that Doverie United Holding will issue up to 2 763 901 new shares to strengthen the capital of its wholly-owned subsidiary – Doverie-Invest EAD, through which the holding controls 77.73% of BC Moldindconbank S.A. The raised funds would also be used to improve group’s liquidity position and partial repayment of a bank loan. The issue will be considered successful if 50% of the new shares are subscribed and paid for.