Business Calendar For The Week 10 - 16 September

This week will be very busy for investors on Bulgarian Stock Exchange. There will be six business days (Saturday will be a business day to compensate the additional 1 day given with the public holiday September 6) and many important events have been apponited.
Two companies start capital increase procedures today (September 10). These are Chimimport and Advance Equity Holding. The holding is increasing capital from 130 mln leva (66.467 mln euros) to 150 mln leva (76.693 mln euros) by issuing 130 mln rights. 6.5 rights will entitle to the subscription of 1 new share at an issue price of 11 leva.
Meanwhile, Advance Equity Holding is planning to increase its capital from 11.984 mln leva (6.127 mln euros) to 35.983 mln leva (18.397 mln euros) by issuing 11.984 mln rights, each of which will entitle to the subscription of 2 new shares at a nominal value of 1 leva and issue value of 1.08 leva.
Trade with the shares of Bianor AD and Specialized Business Systems, which held their IPOs a month ago, starts on the stock exchange today. ERG Capital-3 REIT also floats its emission from the capital increase from 14 to 21 mln leva (7.1 mln to 10.7 mln euros) today.
Trade with the shares issued in the capital increase of Balkancar Zarya, Insurance Company Euroins and Industrial Capital Holding also starts today.
Four companies strat dividend payment this week. These are Fazan and Star Planina which start payment Monday (10 September) and Synergon Holding and Albena Invest Holding (Friday, 14 September).
Sharehoders in Petrol AD will gather at a General Meeting on Thursday (13 September) to vote a proposal to sell the company's stakes in 8 subsidiaries to Petrol Holding AD at a price tag of a total of 26.64 mln leva (13.62 mln euros).
The stakes in question are the following: 100% of the capital of Eurocapital Bulgaria EAD at 15.9 mln leva, 100% of BPI EAD at 5 mln leva, 42.69% of Varna Business Services at 3.4 mln leva, 100% of Petrol Cart Services at 36,000 leva, 100% of Vratsata at 55,000 leva, 40 % of Perol Engineering at 82,000 leva, 99.99% of Transa Operator at 283,000 leva, 100% of Petrol Trade at 1.887 mln leva.
The GMs of both Zaharni Zavodi AD and Eurohold Bulgraia AD have been appointed Thursday (13 September).
Shareholders in Zaharni Zavodi will vote a proposal to increase capital from 695,000 leva (355,347 euros) to 8.335 mln leva (4.261 mln euros) via the issuance of 7.64 mln shares using own funds, i.e. By transforming company reserves.
At the same time, sharehoders in Eurohold Bulgaria will discuss issuance of an emission of bonds worth up to 20 mln euros.
Last week SOFIX added 0.79% to 1619.14 points, while BG 40 climbed 2.05% to 429.38 points.