Lavena AD (BUL:4L4) announced a private placement of 1,599,905 common shares at a price of BUL 3.5 per share for gross proceeds of BUL 5,599,668 on October 25, 2018. Post the closing of the transaction, company's share capital will increase from BUL 8,320,000 to BUL 9,920,000.