GMS of Sofia Commerce-Pawn Brokerage AD votes about BGN 0.40 dividend distribution per preferred shares

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BSE-Sofia announces that Sofia–Commerce Pawn Brokerage has appointed a general meeting of shareholders for May 30th at which the shareholders will vote the approval of the 2006 guaranteed cumulative dividend to be distributed in terms of BGN 0.40 per preferred share.
Dividend will not be paid to the owners of common shares.

At the company’s listing on the BSE, the management announced that each preferred share shall receive a dividend of BGN 0.40 for 2006 and for the years 2007 – 2015 a dividend of BGN 0,75 each.

Since its BSE listing the company has generated a total of BGN 2.107 million which they will use for the launching of new pawn brokerage houses, they announced.

For 2006 Sofia Commerce-Pawn Brokerage reported a net profit of BGN 529 000 against BGN 183 000 for the previous year. The company’s shared capital is BGN 2.4 million and their total equity is BGN 4.82 million.

Today no shares of the company were traded and the bids and ask orders remained at BGN 5.81 and BGN 6.00 each.

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