Bulgaria's Smart Organic starts trading on Sofia bourse – SeeNews

NIS tops turnover list on Belgrade bourse, share indices end up
Romanian bourse indices end week in the green, Digi Communications leads blue-chip gainers
Sofia bourse's blue-chip index closes higher, Smart Organic makes debut on BEAM market
Gains in Podravka, Adris, Hrvatski Telekom lift Croatian share indices
Croatia's Valamar approves 95.3 mln euro transfer of three hotels to Imperial
95 topics
11 countries
156 industries
Dec 03, 2021 13:10 EEST
SOFIA (Bulgaria), December 3 (SeeNews) – Bulgarian producer and distributor of organic products Smart Organic [BUL:SO] made its debut on the SME growth market BEAM of the Bulgarian Stock Exchange (BSE), the bourse said on Friday.
“We welcome Smart Organic, which is the first established representative of the biofoods sector on the BEAM market,” Manyu Moravenov, BSE’s executive director, said. “Thus, the growth market turns into a steppingstone for a European and world expansion of the ambitious, dynamic Bulgarian companies.”
As at 11:35 CET on Friday, shares in Smart Organic traded at 18.90 levs, bourse data showed.
Last month, Smart Organic raised almost 5.9 million levs in an initial public offering (IPO) on the BEAM market which was oversubscribed almost twice. Investors subscribed and paid for a total of 310,000 company shares with a nominal value of 1 lev and an issue price of 18.90 levs each.
(1 euro = 1.95583 levs)
View our Newsletters
SeeNews is your complete guide to the emerging economies of Southeast Europe. Latest news, market intelligence, industry analyses, on-demand research – the big picture at the tip of your fingers.
Get ahead of the competition with SeeNews Premium Access. Unlimited news and objective analysis you can trust, company data and more. Subscribe now and start making agile business decisions.