The three auctions for the sell-off of 900,000 shares of the capital of Lomsko Pivo Jsc will be held during the week 16 to 22 June, orders for the IPO of Specialized Business Systems (SBS) will also be accepted over the period.

Sumbission of orders for SBS's IPO began 11 July and will continue through 24 July.

The company's core capital stands at 3.319 mln leva (1.696 mln euros), allocated in 66,380 shares with a face value of 50 leva. SBS is planning an IPO in order to increase capital to 5 mln leva by offering 33,620 shares with a face value of 50 leva and issue value of 68 leva.

The first two auctions for shares of Lomsko Pivo Jsc will be held 19 and 20 July respectively.

450,000 shares will be offered on the first day, when the minimum amount investors can purchase is 1 lot equivalent to 10,000 shares. The minimum price is 2.12 leva and the maximum is 3 leva.

Another 450,000 shares will be offered on the second day, but this time the minimum amount for purchase will be 1 share, the minimum price will be 2.22 leva, and the maximum price will remain 3 leva.

Unsold stock from the first and second auction days (if any) will be offered on the third day. The parameters remain the same – the price will be between 2.22 leva and 3 leva, 1 lot equivalent to 1 share.

Shares from the successful capital increases of Media Systems and of Hyundai Finanace REIT, will be floated on the Bulgarian Stock Exchange Tuesday (17 July) and Thursday (19 Juy)

July 18 (Wednesday) is the final date for transacting the shares of Odesos Ship Repair Yard entitling the holder to voting right at the forthcoming general meeting of shareholders.

The meeting, which is to be held August 3, will vote a proposal to authorise the Board of Directors and the Executive Director to negotiate and sign a contract for the purchase of a floating dock at the price of 22.5 mln dollars.

The following day (19 July) is the final date for transacting the shares of Toplivo and St. Konstantin and Elena Holding as a result of which the holder will be able to vote at the forthcoming GMs.

Shareholders in Toplivo will be electing a certified public accountant, and shareholders in St. Konstantin and Elena Holding will give authorization to the company's Management Board to increase capital in the following 5 years.

The general meeting of SAF Magelan will be held on the last weekday. Shareholders will vote a proposal to pay out 0.30 leva as dividend per share.

The 14th remote public auction on the BSE will continue till 23 July. Bids below the starting price may not be submitted till July 19. Only the stake in Chernomoretz Ltd was purchased during the first five days, at 28,000 leva.

Last week SOFIX added 1.66% to 1527.27 points, and BG40 climbed 2.89% to 328.04 points on a weekly basis.