Auction pursuant to Art. 112b (7) of the POSA

BSE informs all its members that the auction pursuant to Art. 112b (7) of the POSA for the sale of rights under the public offering of convertible bonds of Holding Varna AD (HVA1) is to be performed on 15 November 2024 /Friday/. The amount of 6,485,897 rights, to which no convertible bonds have been subscribed, are to be offered at the auction.
The auction will be performed as the Exchange member, authorised to administer the public offering of convertible bonds, shall enter a market order for sale of the entire amount of unexercised rights in pursuance of Art. 47 (4) & (5) of Part IV of the BSE Rules and Regulations. The order shall be entered within one (1) minute as of the start of the order entry phase of the respective auction. The time frame for entering orders is from 1:15 p.m. until 1:45 p.m.