In the day before tomorrow’s deadline for trading of the rights of Hydraulic Elements & Systems AD-Yambol only 992 rights were transacted at prices between 0.86 leva and 0.89 leva/right.

The issued rights are traded under BSE code R1HES, and the ratio between the issued rights and the new shares is 1/0.16.

The deadline for trading is tomorrow – 5 June and the auction for the unsold rights will be held on 14 June. The deadline for subscription of shares from the capital increase is 29 June 2007.

The company plans to increase its capital from 2.62 mln leva to 3.039 mln leva via the issuance of 419,000 new shares with a face value of 1 leva and issue value of 19.75 leva each.

Stara Planina Hold controls 73.73% from the company’s capital while Slavyana AD has 9.58%.
13 shares were transacted on this position today at an average price of 25.94 leva/share.