The Bulgaria Financial Supervision Commission (FSC) approved a set of capital markets and supervisory decisions, including prospectuses for an initial public offering of warrants by RES Invest Holding AD and for the admission to regulated-market trading of bond issues by Premier Fund REIT and Neo London Capital AD, and registered a share issue by Sofia Commerce-Pawnshops AD. It also issued several authorisations and register updates across insurance and investment services, including confirming that Alaric Securities Ltd may start operating in the provision of crypto-asset services after the FSC confirmed the completeness of its submission under Article 60(7) of Regulation (EU) 2023/1114. The approved warrant prospectus covers up to 45,074,367 dematerialised, registered warrants (ISIN BG9200002251) with an issue value of BGN 0.10 per warrant, exercisable within two years into shares at BGN 1.80 per share on a 1:1 conversion basis, and the issue was entered in the register of public companies and other issuers of securities. For bonds, the FSC approved admission-to-trading documentation for Premier Fund REIT’s EUR 10,000,000 secured, non-convertible bond issue (ISIN BG2100037253) with a floating coupon of six-month EURIBOR plus 1.25%, floored at 3.00% and capped at 5.00%, maturing on 28.10.2033, and approved a corrected prospectus for Neo London Capital AD’s EUR 10,000,000 secured, non-convertible bond issue (ISIN BG2100036255) with six-month EURIBOR plus 1.00%, floored at 2.75% and capped at 5.00% per annum, maturing on 27.10.2033. Separately, the FSC approved Vanya Zhelyazkova to manage the compliance function of European Insurance Company AD, acknowledged Veselin Dimitrov’s qualification as an investment consultant, removed Via Nota Ltd from the insurance brokers register, and entered Sofia Commerce-Pawnshops AD’s BGN 8,937,384 share issue (ISIN BG1100053054) in the register for regulated-market trading. The FSC also requested additional information and documents from Intercapital Markets AD in connection with its intention to provide services cross-border, without establishing a branch, in 25 European Union member states.
Bulgaria Financial Supervision Commission 2025-12-22
Bulgaria Financial Supervision Commission approves multiple securities prospectuses and clears Alaric Securities to start providing crypto-asset services
The Bulgaria Financial Supervision Commission approved capital markets decisions, including prospectuses for RES Invest Holding AD's warrant IPO and bond issues by Premier Fund REIT and Neo London Capital AD. It authorized Alaric Securities Ltd to provide crypto-asset services and updated insurance and investment service registers. Additionally, the FSC requested further documentation from Intercapital Markets AD for cross-border service provision in 25 EU member states.