At a 77.22% quorum, the general meeting of Moststroy (

) approved a proposal for a 1:10 split, i.e. reduction of the nominal value of the 111,494 company shares in proportion to increasing their number.

The company's core capital, which stands at 1.115 mln leva, will now be allocated in shares with a face value of 1 lev (instead of 10 leva).

Mostsroy (as well as Holding Patishta) will adopt the two-level management structure, that is the company will be led by a Supervisory Board and a Management Board.

Eng. Rumen Yovchev, eng. Stoyan Mikailov and Antianeta Kostadinova were dismissed from the Supervisory Board and replaced by Vasil Bojkov, Irena Marinova and Nove Holding.

The GM also defined the size of the management's salaries. The chairman of the Supervisory Board will receive 6,000 leva/month, and and the members of the Board – 5,000 leva.

The chairman of the Management Board will receive 5,000 leva/month, the CEO – 4,000 leva, and the members of the board – 2,500 leva.