13,34% of Bulstrad capital was sold at the stock exchange
A total of 192 077 shares, representing 13.62% of Bulstrad capital, were offered for privatization in two stages.
On 14.09.2004 clients of the investment intermediary TBI Invest bought at the stock exchange 140 877 shares, equal to 9.99% of Bulstrad capital for the amount of BGN 3 803 700.
At the second stage 51 200 shares were put for sale, representing 3.63% of Bulstrad capital, and yesterday (23.09.2004) more than 20 investment intermediaries bid for the second package.A total of 47 345 securities were sold at the auction for BGN 1.770 million. The average price at the second auction was BGN 37.39 per share, or more than 38% higher than at the first one. The largest part of 43 925 shares or 93% were bought by clients of the intermediary TBI Invest. After the auction 3855 shares remained unsold, and will be offered today (24.09.) at initial price BGN 19 per share.