Invest Property REIT To Distribute 199,968 Leva as Dividend

The shareholders of Invest Property (INVE) will discuss at a general meeting, scheduled for July 16, a proposal for the distribution of dividend. The proposal envisages 199,968 leva (102,240 euros) to be allocated as dividend, the Bulgarian Stock Exchange (BSE) said.
The gross dividend per share will amount to 0.12 leva, if the shareholders of the company back the proposal. Further 13,099 leva (6,700 euros) will be allocated to cover losses from previous years.
If there is a lack of quorum, the meeting will be held on July 30. Shareholders on record with the Central Depository as at July 2 will be able to exercise their voting rights at the meeting.
Invest Property is not among the liquid issues listed on BSE. The stock was last traded on March 27 at an average price of 1 leva per share.
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