Synergon Energy EOOD announced a private placement of 20,000 shares at a price of BUL 100 per share for gross proceeds of BGN 2,000,000 from existing investor Synergon Holding PLC (BUL:6S7) on February 21, 2019. As part of the transaction the capital of the company increased from BUL 2,000,000 to BUL 3,500,000. The investor will continue to maintain its 100% stake in the company.