Galata Investment Company AD (BUL:G0A) (‘Galata') agreed to spin off Regala Invest AD on August 15, 2013. Shareholders of Galata will receive shares in Regala Invest AD in distribution ratio of 0.21. The transaction was approved by Head of the Investment Activity Supervision Division and the financial regulator. On September 23, 2013, the transaction was approved by the general meeting of shareholders of Galata Investment Company AD-Varna.

Galata Investment Company AD (BUL:G0A) completed the spin off Regala Invest AD for BGN 26.7 million on October 21, 2013.