Pamporovo Shareholders To Vote For Profit Allocation To The Reserves Fund

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Pamporovo AD shareholders are to vote the proposal to set aside the 2006 profit which is in the amount of 3.911 mln leva to the company’s Reserves Fund, BSE-Sofia announced.

The General Meeting of Shareholders will be held June 28, 2007. In case no quorum is present at the meeting it is to be rescheduled for June 16.

The final date for transacting the shares of the company as a result of which the holder will be entitled to exercise their voting right at the General Meeting is June 12.

Pamporovo AD announced a net profit in the amount of 3.814 mln leva for the first quarter of the year in comparison to 7.387 mln leva for the same period a year ago.

The company’s core capital is 1.076 mln leva and its own capital stands at 25.344 mln leva.

There have been no transactions with Pamporovo AD shares in today’s early session. Bids and asks are currently at 23.00 and 25.30 leva per share.

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