Media Systems to Distribute a 0.19 Leva/Share Dividend

At the General Meeting of Shareholders (GMS) of Medya Systems AD-Stara Zagora a decision was made to allocate a gross dividend of 380,000 leva (0.19 leva/share) for 2006, BSE announced.

The last date for transacting shares of this company on the BSE-Sofia, as a result of which the holder will be entitled to exercise their voting right at the GMS, is 25 April 2007.

Media Systems AD posted a 437,000 leva profit for 2006. 43,700 leva of it will go to “Reserves”, and 13,300 will be allocated as “Undistributed profit” fund.

951,000 leva of the undistributed profit from past years will be allocated to cover losses from previous years. 88,000 leva of the undistributed profit from previous years will be kept in “Undistributed profit”.

Media Systems’ core capital is in the amount of 2 mln leva. Tado Trade Action Developmetn Organization AD controls 84.76% of it.

The company’s Board of Directors decided to increase its capital from 2 mln leva to 3.5 mln leva. 1.5 mln shares, each with a nominal and issue value of 1 lev, have been offered for subscription.

Media Systems’ stock gained 6.08% Friday. 1,271 shares were traded at 6.11 leva/share.

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