Public offering of a share issue of Telelink Business Services Group
IPO Manager: ELANA Trading
Before you can purchase Telelink shares, you must first have a contract with ELANA Trading. Choose which method is most convenient to you:
Transferring funds into a trading account with ELANA can be done:
To purchase “Telelink Business Services Group” shares through ELANA Online:
|Issuer||TELELINK BUSINESS SERVICES GROUP AD|
|Registered capital||BGN 12 500 000|
|Outstanding shares||BGN 12.5 million, distributed among 12 500 000 ordinary shares|
|Trading volume||Up to 30% (3 750 000 shares) of the existing shares|
|Face value||BGN 1 per share|
|Minimum price per share||
11.10 per share
|Minimum market capitalization||BGN 95 000 000|
|Listing||Bulgarian Stock Exchange AD|
|Trading on the BSE starts||08.06.2020|
Tranche 1: June 2020 г.
Tranche 2: September 2020 г.
No sales of shares by existing shareholders between preliminary announced tranches as stipulated in the Updated Selling Procedure as of Sept. 16th, 2020 and the Lock up agreement.
|Manager of the offering||ELANA Trading|
Existing shareholders other than senior management, as follows:
Existing shareholders have agreed to maintain their shares in the Company as follows:
Shareholders not to sell at price < BGN 11.10 per share by the end of 2021
Minimum payout: 50% of its annual/semi-annual net profit
Up to 3% of outstanding shares by the end of 2020 at a price range and rational as follows
7 775 number of shares bought back as of Sept. 10th, 2020.
|Prospectus approval||The Bulgarian Financial Supervision Commission has approved the Prospectus with a decision #1249- PC from 28.11.2019 and its Supplements with decisions #1331 – PC from 23.12.2019 and #238 from 26.03.2020.|
|(in BGN '000)||2016||2017||2018||2019||30.06.2020||30.06.2020
|Revenue||98 663||105 987||116 367||110 328||65,040||128,528|
|EBITDA||7 116||6 979||9 868||11 654||8,707||16,050|
|Net profit||5 247||4 676||7 664||8 152||6,405||11,760|
|Net financial debt||2 829||-4 520||3 427||4 162||-864||-864|
Source: Combined audited annual financial statement as of 31.12.2018,
consolidated financial statements as of 31.12.2019 and 30.06.2020.
*12 trailing months up to 30.06.2020