Bulgaria's Capital Management REIT raises 11.4 mln euro in cap hike

Bulgaria's Capital Management REIT raises 11.4 mln euro in cap hike

Bulgaria's Capital Management REIT said on Monday that it has raised 22.23 million levs ($12.6 million/11.4 million euro) through a capital increase via a new share issue.Investors subscribed for 379,999 of the 380,000 shares offered by the company, Capital Management REIT said in a bourse filing.The company increased its capital to 1,758,296 levs from 1,378,297 levs through the new issue. Capital Management REIT shares last traded on the Bulgarian Stock Exchange at a price of 63 levs.

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