ELANA Agrocredit’s (0EA BU) shareholders approve BGN 0.0858 DPS, the Company announced in a regulatory notice following the shareholders meeting held March 15th, 2018. The latter dividend yields 7% at current market quotes.
Latest SOFIX rebalancing comes with two replacements, according to notice published by the Bulgarian Stock Exchange. As a result SOFIX adds Trace Group Hold (T57 BU) and Holding Varna (5V2 BU). The two stocks are replacing Neochim (3NB BU) and M+S Hydraulic (5MH BU).
On 26 February 2018 ELANA Agrocredit announced the start of a new capital increase by public offering of 18 902 402 new shares with issue price of BGN 1.10 per share. According to the approved by regulator prospectus, the offering will be considered successful by subscription of minimum of 10 mln. shares.
ELANA Agrocredit to pay BGN 0.086 dividend per share, yielding 6.4% at current quotes, the Company announced in a regulatory filing of its annual shareholders meeting scheduled for March 15th, 2018.
ELANA Agrocredit lent a total of BGN 8.7m as working capital loans for farmers with leasing contracts, during the farming business year 2017/2018, marking an increase of 50% y/y, the company announced in its bulletin for December 2017.