Industrial Capital Holding AD (BUL:4I8) announced a private placement of 155,510 common shares at a price of BGN 1 per share for gross proceeds of BGN 155,510 on May 10, 2018. The transaction will include participation from current members of the board of directors and the employees of the company, who have at least ten years of service in the company. The capital of the company will increase from BGN 15,551,960 to BGN 15,707,470. The transaction will be approved in a general meeting of shareholders on June 26, 2018. The subscription of shares will starts from August 15, 2018 to October 3, 2018.