The Bulgarian business Atomenergoremont revealed on Wednesday that EF Asset Management, a local investment company, had acquired a total ownership of 5.8522% of its share capital, See News reported.
With August 25 as the date of settlement, Atomenergoremont said in a bourse statement that EF Asset Management had acquired 204,930 ordinary voting shares.
One of the four investment funds managed by the company, NMF EF Potential, purchased the shares. With the completion of the acquisition, NMF EF Potential now owns 452,220 shares in Atomenergoremont, representing a 2,9451% position.
Some 176,690 shares and 269,695 shares of the firm that maintains power plant equipment are owned, respectively, by two additional funds managed by EF Asset Management: EF Rapid and EF Principal ETF. Here, 1,1507% and 1,7564% of the company’s stock are shown, respectively.
No financial details of the deal were provided.
Kozloduy NPP, the sole nuclear power station in Bulgaria, is Atomenergoremont’s principal customer.
In the first half of 2022, the business’s revenue increased by 42.5% to 26.7 million levs, leading to a 1.7% gain in net profit to 4.75 million levs ($2.4 million/2.4 million euro), the company reported last month.
The Power Plant Equipment Maintenance Company’s shareholders authorized a dividend of 0.015 levs per share, or 230,327 levs overall, in June.
The BaSE market of the Bulgarian Stock Exchange saw shares of Atomenergoremont trading 4% higher at 5.20 levs.