Black Sea Property Plc
The Board will seek to invest in:
Distressed residential projects, primarily in the largest cities in Bulgaria, which are close to completion and capable of generating sales revenue within 12 months from the initial investment;
Commercial buildings, primarily in Sofia, with opportunities to improve occupancy;
Hotels and holiday homes with opportunities to improve operations and cost structure; and
Distressed companies and assets that need restructuring and further financing, capable of offering a high growth potential.
The targeted size of each individual investment is anticipated to be in the range 5-20 per cent of the overall funds under management. The Company intends to use gearing levels of up to 70 per cent loan to value when acquiring real estate assets.
| Symbol | Ccy Code | Bid | Ask | Share Price (Mid) | Previous Close | Volume | Last Traded |
|---|---|---|---|---|---|---|---|
| BSP | EUR | 0.0015 | 0.0045 | 0.003 | 0.003 | 2205 | 24.06.22 |
MiFID II compliant pre- and post-trade transaction data is available here. The data is delayed by at least 15 minutes and will be refreshed every 15 minutes. Publication of trades in equity securities that are large in scale compared to normal market size and illiquid non-equity securities may be delayed if the trade is eligible for deferred publication in accordance with the trading rules of Aquis Stock Exchange and MiFIR. Further details as to when the publication of a trade may be deferred are set out in the trading rules which are available here.
Address
Business Address
Black Sea Property Plc, 6th Floor, Victory House, Prospect Hill, Douglas, IM1 1EQ, Isle of Man.
Phone: +44 (0)1624 681250
Registered Address
6th Floor, Victory House, Prospect Hill, Douglas, IM1 1EQ, Isle of Man.
Contacts
Corporate Adviser
Peterhouse Capital Ltd, 3rd Floor, 80 Cheapside, London, United Kingdom.
Email: info@pcorpfin.com
Phone: +44 (0)20 7469 0930
Registrar
Share Registrars Ltd, The Courtyard, 17 West Street, Farnham, Surrey, GU9 7DR, United Kingdom.
Email: enquiries@shareregistrars.uk.com
Phone: 01252 821390
Research
I'm sorry there is no research for this company.