June 17 (SeeNews) - Financial and insurance group Eurohold Bulgaria [BUL:4EH] said that Blubeard Investments Limited has increased its stake in the company to 7.52% on June 10.
Blubeard Investments Limited owned 14,858,900 Eurohold Bulgaria shares, the Sofia-based group said in a bourse filing on Friday.
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Blubeard Investments Limited held a stake of under 5% prior to the transaction, according to data from Eurohold Bulgaria's most recent financial statement.
Eurohold Bulgaria shares closed at a price of 1.85 levs ($1.06/0.95 euro) apiece on the Bulgarian Stock Exchange on Friday.
(1 euro = 1.95583 levs)