All 406 000 Media Systems Rights Bought Today


An open auction was held today on the BSE for the sale of a total of 406 187 unsubscribed shares from the capital increase of Media Systems AD- Stara Zagora.
All of them were bought in 7 transactions at prices ranging between 1.84 and 1.93 leva per right.

Each right entitles to the subscription of 0.75 of the new shares at a face issue value of 1.00 leva. The deadline for subscriptions of shares is May 28, 2007.

Media Systems profit went down to 125 000 leva for the first quarter of the year compared with 354 000 leva last year. The company’s revenues are down 41% to 2.02 mln leva against 3.4 mln leva for 2006 first quarter.

The company’s core activity is the full production cycle (mastering-replication-printing) of optical storage media of the type DVD and DVD-R.

Tado-Trade Action Development Organisation AD currently controls 84.76% of the company’s capital.

No transactions involving shares of the company have been made today. Bids are at 3.50 leva and asks at 3.94 leva/share.

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