Christo Iliev, the chief executive of Bulgarian Land Development, has upped his stake in the AIM listed Bulgarian residential and commercial development firm, spending more than £300,000.
AG Capital Management, a company controlled by Iliev, has bought a total of 1.16m shares at an average price of 26p per share, spending £302,507 in total.
Iliev now owns 10.03m shares or 25.09% of the total issued share capital of the company.
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