Plaisio Computers on Monday said it will proceed with a share capital increase of its subsidiary in Bulgaria, Plesio Computers JSC.

Under the plan, Plesio Computers JSC will raise its share capital by around 850,000 euros through cash and the issuing of 195,583 new shares at an offering price of 8.5 leva each. The share capital increase plan, which will be covered fully by the parent company, aims at further strengthening its activities in the Bulgarian market.