Trade In Media Systems’ Rights Starts 18 April
The trade in rights, allowing investors to take part in Media Systems AD-Stara Zagora’s capital increase, is to start on 18 April 2007, BSE-Sofia announced.
The issued rights will be traded under BSE code R1MEDI until 27 April 2007. The auction of the unsubscribed rights will take place on 10 May.
The subscription deadline is 28 May 2007. The capital will be increased only in case at least 1 new share has been subscribed and paid for.
The company’s capital amounts to 2 mln leva, which is the amount of the issued rights. 1.5 mln shares with a par and issue value of 1 lev each will be offered for subscription. The ratio between the issued rights and the new shares is 1/0.75.
Each person can subscribe at least 1 new share and no more than the number of shares, equal to the rights he/she has acquired and/or owns, multiplied by 0.75 (the amount is made up at the first figure after the decimal separator to 4 (four), including to the smaller number and at the first figure after the decimal separator 5 (five) and over 5 (five) to the bigger number.
The last date for transacting shares of this company on the BSE-Sofia, as a result of which the holder will be entitled to take part in the capital increase, is 13 April 2007 (Friday).
Media Systems AD operates the full production cycle (mastering-replication-printing) of optical carriers (DVDs and DVD-Rs). Tado-Trade Action Development Organization AD currently holds 84.76% of the company’s capital.