Bulgaria's Holding Varna Buys 1.38% Stake in Sv. Sv. Konstantin i Elena Holding
Bulgarian hotel operator Sv. Sv. Konstantin i Elena Holding said on Friday that its biggest shareholder - diversified group Holding Varna, acquired a 1.38% stake in the company for 472,800 levs ($283,020/241,740 euro) on September 12.Holding Varna bought a total of 31,950 shares in the hotel operator at a price of 14.799 levs apiece, Sv. Sv. Konstantin i Elena Holding said in a bourse filing, without providing further details.At the end of June, Holding Varna held a 52% stake in Sv. Sv. Konstantin i Elena Holding.Sv. Sv. Konstantin i Elena Holding shares last traded on the Bulgarian Stock Exchange at a price of 24.4 levs.Holding Varna’s portfolio includes companies in the tourism, media, real estate, and financial sectors.(1 euro=1.95583 levs)