Moststroy Jsc is appointing an extraordinary meeting of shareholders December 12, to vote a split proposal, and namely, to reduce the face value of the 111,494 existing shares from 10 leva to 1 lev, and to increase their number to 1,114,940.

The capital will not be changed and will remain at 1,114,940 leva (570,059 euros).

Shareholders will also vote a proposal to introduce the two-level management model, in which the company is managed by a General meting of shareholders, a Supervisory Board, and a Management Board.

The GM will also release Rumen Kosev Yovchev, Stpyan Stefanov Mikhailov, and Antoaneta Kirilova Kostadinova as members of the Board of Directors. Shareholders will discuss the nominations of Vasil Bojkov, Antony Ivanov and Nove Holdig as members of the Supervisory Board.

Shareholder on November 28 will be entitled to vote at the GM.

The final date for transacting the stock of the company as a result of which the holder will be entitled to voting right at the forthcoming GM is November 26.

Shares declined 1.66% today to an average price of 2528.03 leva.