Unimash AD Increases Capital To 2.34 Million Leva

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Unimash AD-Debelets will hold a general shareholders’ meeting on 22 June, which is expected to vote a proposal to increase the company’s capital, BSE-Sofia reported on its website.

If shareholders approve the proposal, the capital of the company will be increased from 389,984 leva currently to 2,339,904 leva via the capitalization of the 2006 profit with subscription of 1,949,920 common registered paperless shares. 5 new shares of the new issue (each with a face value of 1.00 leva) will be distributed for each share from the old issue.

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 general meeting, is 6 June 2007.

Unimash AD posted a net profit of 2.061 mln leva in 2006 versus a 298,000 loss a year ago.

No transactions on this position were registered today. Bids/asks stayed at 2.66/3.10 leva/share.

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