Eurohold`s energy subholding bought all remaining shares of minority shareholders for c. BGN 7.8 million (EUR 4 million) and both companies will be delisted from the Public Companies Register

nergy holding Eastern European Electric Company (EEEC), part of Eurohold Bulgaria and a majority owner of Electrohold, increased its stake in the two publicly listed subsidiaries of the energy group - Electrodistribution Grid West AD (EDG West, former CEZ Distribution) and Electrohold Sales (former CEZ Electro) up to 100% of the capital.

The acquisition of all stocks in both companies is a result of the last tender offers for the remaining shares of the minority shareholders, which the majority owner had not previously owned. The procedure started on 29 August and ended on 7 September.

EEEC acquired additional 14 416 shares of EDG West for approx. BGN 4.376 million (EUR 2.237 million) or BGN 303.55 (EUR 155.2) per share as well as 117 shares of Electrohold Sales for BGN 3.412 million (EUR 1.744 million) or BGN 29 161.02 (EUR 14 909.79) per share.