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13,34% of Bulstrad capital was sold at the stock exchange

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. 
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