Bulgaria – Parent company of CT Interactive goes publicBy Phil - 25 March 2022
Telematic Interactive Bulgaria AD, the parent company of CT Interactive, floated on the Bulgarian Stock Exchange on March 22.
The online gaming company set a foot on its local stock exchange after a successful initial public offering (IPO) in February. The company’s shares are listed on the Bulgarian Stock Exchange, ticker TIB.
Manyu Moravenov, PhD executive director of Bulgarian Stock Exchange, said: “We welcome Telematic Interactive Bulgaria on Bulgarian Stock Exchange appreciating the company’s motives for becoming public, namely the pursuit of full transparency and a declared desire to show that the gambling business is open and socially responsible, creating trust among market participants.”
Lachezar Petrov, CEO, Telematic Interactive and at its subsidiary CT Interactive, added: “The debut of the company on the Stock Exchange is a milestone in our development. The listing is a testimony of our long-term development plans to expand the horizons of the company, which is a prerequisite for achieving even better results.”
The funds raised by Telematic Interactive Bulgaria will be invested in the company’s expansion on new markets globally.