Part of 2007 profit (1 million leva) will be added to the capital. The remaining 8 million leva will come from the company's Reserves.
Last year Sparky Jsc posted profit in the amount of 18.73 mln leva (9.5 mln euros). The value of the new issue will stand at 9 mln leva allocated in as many shares. Stockholders will receive three new shares to each one they hold.
Investors who acquired the stock no later than 14 days after the GM will be entitled to receiving new shares.
Another issue on the agenda is the allocation of 900,000 leva for dividend distribution, which translates into 0.3 leva gross dividend per share.
The stock added 0.59% on BSE today closing at 41 leva at a turnover of 47 shares. The shares have slipped some 32.6% or nearly 20 leva since the start of secondary trade (February 21).