Bianor notified about insider deals with its capital increase rights (NEUTRAL)
19.09.2024
Source: Bianor Holding; FFBH
Bianor Holding (BNR) revealed an insider trading report related to the deals with its capital increase rights. Three executives of the company sold combined 2 669 196 rights (21.7% of the issue) on 17 September, while Blackpeak Capital disposed of 3 594 498 rights, or 29.2% of the issue. The parties sold all the capital increase rights eligible to them.
Recall that the company intends to raise up to BGN 24.6m capital by offering up to 4 096 711 ordinary shares with nominal value of BGN 1.00 and issue price of BGN 6.00 each. The rights trading period is set to be 17-30 September, while the auction of unexercised rights will be held on 4 October, 2024. The subscription of one new share requires three rights.