Bulgaria's Intercapital Group Mulls Sofia IPO - CEO

Bulgaria's Intercapital Group Mulls Sofia IPO - CEO

Bulgarian financial services company Intercapital Group, which operates under the brand name Cashterminal, is considering an initial public offering on the stock exchange in Sofia, the CEO of the company told SeeNews on Thursday. At present, the company's goal is to be entered into the register of public companies and other issuers of Bulgaria's financial regulator, which is expected to happen by the end on the year, Nadezhda Bogoeva told SeeNews over the phone. Becoming part of the register is a requirement that a company must meet before requesting admission to trading of its shares on the Bulgarian Stock Exchange (BSE).On Tuesday, the Financial Supervision Commission said that it has asked Intercapital Group to provide additional information and documents regarding its request for approval of a prospectus for admission to trading of share issue on the regulated market of the BSE.

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