At their general meeting held yesterday the shareholders of Elhim Iskra AD-Pazardjik decided to distribute a gross dividend of 0.215067 leva/share (0.20 leva net), BSE announced.

The dividend will be paid from 23 August 2007.

Shareholders also voted to increase the capital using the accumulated reserves from 836,947 leva to 12,554,205 leva via the issuance of 11,717,258 ordinary, paperless, registered voting shares.

Thus each shareholder will receive 14 new shares for free against each share he/she owns.

3,000 leva of the profit will be allocated to the “Reserve” fund, and 396,854.83 leva will go to “Undistributed Profit”.

The last date for for transacting shares of the company on the BSE-Sofia, as a result of which the holder will be entitled to exercise their voting right at the general meeting, is 2 June 2007.
Stara Planina Hold controls 51.4% of the capital, while CSP Fund Managers OOD and Rollet EOOD control 16.55 and 9.31% respectively.

26 shares on this position changed hands today at 49.99 leva/share.