Shares of Sirma Group Holding to Debut on BSE Next Monday

The trading of Sirma Group Holding shares will start on November 23, 2015, after its successful IPO, which attracted 11.5 million BGN levs.

The company will be traded with  a stock ticker SKK, ISIN of the issue is BG1100032140, and the share price will begin on the IPO‘s price – 1.20 BGN lev per share.

Sirma Group Holding is the largest Bulgarian IT company with the most successful IPO in 2015. Launched on September 16, 2015, the IPO of Sirma offered 16 mln. new shares and 2,491,858 existing ones, with nominal value of 1 lev, and issue range from 1.20 lev to 1.65 lev. By 15th Oct 2015, the deadline for subscription, orders for over 9.5 million shares were placed. The subscription surpassed the threshold for success of at least 8.0 million shares. All submitted orders were executed at the IPO price of  1.20 BGN lev per share.

By raising BGN 11.5 million, Sirma Group Holding’s IPO is officially the largest IPO on the Bulgarian stock market since the beginning of the financial crisis in 2007.

Announcement from the Bulgarian Stock Exchange for the decision of Board of Directors‘ meeting on 18.11.2015.

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