Blagoevgrad BT Shareholders to Vote 0.88 Leva Dividend Distribution
Blagoevgrad BT has appointed a General Meeting of Shareholders 19 June 2007 to vote the proposal to distribute gross dividend in the amount of 2 374 823.03 leva or 0.878 leva/share, BSE announced.
According to the proposal 30 % or 2 374 823.03 leva of the net profit which is in the amount of 7 916 076.76 is to be set aside for dividend payments and the remaining 5 541 253.73 to be spent on bonuses for the members of the Board of Directors.
In case no quorum is present at the meeting, it is to be rescheduled for 3 June 2007 at 11.00h, same place, same agenda.
The final date for transacting the shares of the company as a result of which the holder will be able to exercise their voting rights at the forthcoming General Meeting is 2 June 2007.
Blagoevgrad BT AD reported a pre-tax profit of 7.042 mln leva for the first quarter of the year. Bulgartabak HoldingAD controls 85.24% of the company’s capital.
No transactions involving shares of this company were made today and the bids and asks are at 60 and 67 leva/share respectively. The company’s market capitalization is 160 mln leva.