The prospectus for public offering of 15 346 305 new shares by ELANA Agrocredit was approved by the Financial Supervision Commission on 18 September 2014.
The company has been planning to increase its capital from BGN 5 115 435 to BGN 20 461 740. The issue price of the new shares will be BGN 1.05.
The public offering will be considered successful if minimum of 5 mln. shares are subscribed.
The management plans to start the offering in the beginning of 2015.