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FSC approves the prospectus of Sirma Group Holding (NEUTRAL)

FSC approved the prospectus of Sirma Group Holding for the upcoming capital raise. The company plans to issue 39 573 679 new shares with nominal and issue price of BGN 1, raising its share capital to BGN 99m. The success threshold has been set at 19 786 839 shares or half of all offered. The capital raise is intended to finance the development of the product portfolio of the company, execution of the corporate restructuring strategy, and marketing and sales, as well as commercialisation of new products.

Source: FSC; FFBH

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