Issue price of BGN 1.02 per share was approved for the forthcoming public offering

The Financial Supervision Commission approved on 5 February 2015 a new issue price of BGN 1.02 within ELANA AgroCredit prospectus for capital increase with 15 346 305 new shares.

The issue price was changed from the initial one BGN 1.05 due to the management decision for dividend distribution, which would have caused a reduction of the value of the company. In that case current and future investors would not have enjoyed fair and equal conditions during the public offering.

The dates of the planned capital increase by public offering will be announced soon.