Industrial Holding Bulgaria’s capital increase starts on 23 February

15.02.2011 Source: IHB; FFBH

Industrial Holding Bulgaria’s planned capital increase is scheduled to begin on 23 February. The auction for unsubscribed rights will be held on 18 March and the last date for subscription of the new shares will be 31 March. Through the capital increase the company, which currently has share capital of BGN 58.3m, aims to raise BGN 9.7m through the issuance of 9 713 679 shares with a nominal value of BGN 1.00 and issue price of BGN 1.03 each.