Telematic Interactive Bulgaria, operator of online casino and betting platform Palms Bet (top 3 in Bulgaria), raised BGN 16m via the first IPO for 2022 on the Bulgarian Stock Exchange
Telematic Interactive Bulgaria EAD, a casino platform operator and sports betting under the brand of PalmsBet (top 3 of online gambling operators in Bulgaria), plans an IPO on February 14th on the Bulgarian Stock Exchange
In a letter to shareholders, the Board of Directors (BoD) of Stara Planina Hold Plc announced that it anticipates 39% y/y expansion in consolidated sales to BGN 277.7 m in FY21, which will continue in FY22 reaching BGN 307m (up 10.6% y/y).
Following the strong FY2020, TBS Group financial results in Q121 did not disappoint either. Although top line growth slowed down, profits improved considerably with margins among the highest ever.
Following the successful first tranche of the share offering of Telelink Business Services Group AD (TBS Group), the preliminarily announced second tranche is scheduled to start next week. The company’s three largest shareholders will offer a new lot of up to 875,000 shares or 7% of the share capital between Monday, September 21st and Friday, September 25th, 2020.