Bulgarian venture capital firm Eleven Capital AD (BUL:11C) said it plans a dual listing via the Eurobridge segment of the stock exchange in Sofia, which enables trading on both the Bulgarian and German markets, Eleven Capital is proposing to its shareholders to list the company's shares on the German market and extend its term from January 2026 to indefinite, the venture capital firm said in a bourse filing last week. Access to global investors through Eurobridge would enhance liquidity and provide better opportunities to raise capital for future initiatives, Eleven Capital said. Additionally, Eleven Capital is seeking shareholder approval to distribute a dividend of BGN 0.60 ($0.33/EUR 0.31) per share for 2023, or BGN 1.38 million out of its net profit reported for last year.

The remaining BGN 9.32 million of the net profit would be retained as undistributed earnings. The proposals will be put to the vote at a general meeting of shareholders scheduled for June 25.