Dividend payment starts 5 September. The remaining part of the profit which is in the amount of 3 045 891.52 leva will be set aside to the Additional Reserves Fund.
Shareholders also approved a proposal for redemption of shares from the capital of Neochim AD. The maximum amount subject to redemtion is 3% of all shares issued by the company or a total of 79 630 shares.
Minimum price for redemtion is 40 leva and the maximum price is 44 leva per share.
Ex-dividend date is 20 June 2007.
Euro Fert AD controls 49,17% of the company's capital and Karifert International Lebanon has 17.16%.
No transactions involving the stock of Neochim were made today, bids and asks are at 46.60 and 47.85 leva.