The general meeting of shareholders in Sofia BT AD approved gross dividend distribution of 0.886 leva per share on 2006 income (0.824 leva net dividend), BSE reports.

Dividend payment starts 20 August and will continue through 26 September 2007.

Ex-dividend date is 6 July 2007.

Sofia BT posted net profit in the amount of 2.069 mln leva (1.057 mln euros) for 1Q, compared with 855,000 leva (437,154 euros) for the respective period a year ago.

Principal shareholder in the company is Bulgartabak Holding AD, controlling 78.22% of the capital. The company's stock is not among the most liquid on the BSE – just 2 transactions have been this month (in which 4 shares changed hands at 264.00 leva).