The Bulgaria Financial Supervision Commission issued a temporary ban on the publication of a tender offer by Harisson Management Limited to acquire shares in Aroma AD and refused to examine three applications for licences to operate as providers of crypto-asset services because the submitted documentation and information were incomplete. The Commission also registered a TBI Bank EAD bond issuance for trading on a regulated market and advanced proposed amendments to its fee framework. The tender offer relates to the purchase, through the investment intermediary ELANA Trading AD, of 1,481,625 Aroma AD shares from the company’s other shareholders. The TBI Bank bond issue entered into the register of public companies and other issuers comprises 600 ordinary, interest-bearing, materialised, non-convertible, first-rate, registered, non-preferential, unsecured and freely transferable bonds with a nominal value of EUR 100,000 each (ISIN BG2100031256), a fixed 7.00% interest rate payable annually from 07.11.2025 and a three-year term, structured to meet the requirements for eligible liabilities instruments under Chapter XIII, Section II of the LCIPIP. The crypto-asset service provider applications affected were submitted by Nordex Capital EOOD, Sebun Digital EOOD and Hachi Digital EOOD. The draft ordinance amending and supplementing Ordinance No. 76 of 12.06.2025 on the fees collected by the Financial Supervision Commission was adopted at first reading, with comments and proposals invited until 01.12.2025.
Bulgaria Financial Supervision Commission 2025-11-13
Bulgaria Financial Supervision Commission temporarily bans publication of Harisson Management’s Aroma tender offer and refuses to consider three crypto-asset licence applications
The Bulgaria Financial Supervision Commission imposed a temporary ban on Harisson Management Limited's tender offer for Aroma AD shares due to incomplete documentation. It also refused to examine three crypto-asset service provider applications for the same reason and registered a TBI Bank EAD bond issuance for trading. Additionally, the Commission advanced proposed amendments to its fee framework.