Aroma Seeks Shareholders' Approval To Increase Capital To 15.5 Mln Leva

Aroma Seeks Shareholders' Approval To Increase Capital To 15.5 Mln Leva

Aroma Jsc Sofia () has appointed an extraordinary general meeting of shareholders on February 19, 2008 to vote a proposal for capital increase using own funds from 5,163,933 leva (2.640 mln euors) to 15,491,799 leva (7.920 mln euros), BSE reports.

The company will be issuing 10,327,866 common, registered, paperless shares with a face value of 1 lev.

Shareholders, registered as such with Central Depository on the 14 day after the GM date, will be entitled to receiving new shares.

Each shareholder shall receive 2 new shares to each 1 they hold.

The GM will also vote a proposal to appoint Elana Trading as an underwriter of the procedures.

The capital increase will also require the voting of amendments to the statute.

In case no quorum is present at the meeting, it will be rescheduled to March 5, 2008, 11.00h same place, same agenda.

The final date for transacting the stock of the company, as a result of which the holder will be entitled to vote at the forthcoming GM is February 1, 2008.

Shares rose 8.15% to 19.63 leva today.

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