16 April 2004 03:10 State Floats 180,057 LUKoil, Neftochim Shares at BGN 16 BULGARIA will float 180,057 shares in the LUKoil Neftochim refinery at a par value of BGN 16 on the Sofia stock
exchange on April 23, 2004.
Shares in fuel distributor Petrol AD will be offered at an initial par value of BGN 2.80. The sale starts on April
20, 2004 and will take place in several stages. A total of 200,000 of the state-controlled stake, or 0.18% of the
company's share capital, will be placed on the stock exchange between April 20 and May 4. A total of 1.89% of the
company's share capital will be put for sale on the stock exchange by June 7, 2004. .
[PARI Daily] |