ITF Group AD: A Success Story
ITF Group AD has been named the stock of the week by Investor.bg. The company’s shares have increased by over 34% in the past year, with a market capitalization just below 20 million leva.
ITF Group AD made its debut on the Bulgarian Stock Exchange (BSE) at the end of 2021, raising just over 3 million leva from investors. The company’s shares have been actively traded on the market, showing strong growth potential.
Company X’s Financial Update
This year, Company X has announced plans to issue new bonds on the Bulgarian Stock Exchange at the beginning of 2022. This move is aimed at raising capital for the company’s expansion and growth strategies in the coming years.
Company X also recently distributed its first dividend to shareholders, totaling nearly 400,000 leva. This dividend was sourced from the company’s profits for the year 2021 and reflects the company’s commitment to rewarding its investors.
The company has previously issued two bond offerings. The first was issued in 2019, totaling 5 million leva with a 7-year maturity and a fixed annual interest rate of 10%. The second bond offering, totaling 3.9 million euros, was placed through a private placement this year with a fixed annual interest rate of 13%.
The Financial Supervision Commission (FSC) has approved Company X’s bond offerings, highlighting the company’s strong financial position and growth prospects. Investors can expect to see continued growth and profitability from Company X in the years to come.
Approval for Trading on Regulated Market
On Friday, July 26, the prospectus for admission to trading on a regulated market for the same issue was approved and registered in the register of public companies and other securities issuers.
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