General shareholders meeting
25.04.2008
Board of directors of Stara Planina Hold has appointed a General Meeting of Shareholders on 13.06.2008 at 11:00 a.m. in Sofia, 36 Dragan Tsankov Blvd., at Burgas Hall of Interpred World Trade Center, under the following agenda:
- Report of the management bodies about the activities of the company in 2007.
- Adoption of the 2007 annual financial statement of the company.
- Report of the Investor Relations Director.
- Election of a certified accountant.
- Exemption from liability of the members of the management bodies for their activity in 2007.
- Profit allocation decision.
- Amendments to the Statute of the company with a draft resolution:
The GMS authoresses the Board of Directors to increase the capital of the company to the extent of BGN 100,000,000 through issuance of new shares within a period of five (5) years as from the date of registration of the present amendment to the Statute with the Commercial Register.
- Adoption of a decision for redemption of own shares to the extent of 3% of the company`s capital with a draft resolution: The GMS adopts a decision to be bought back up to 3% of the total amount of shares issued by the company and authoresses the Board to execute the redemption under the following terms approved by the GMS:
Period for execution of the redemption: Not longer than five years;
Minimal redemption price: The daily average minimal price per share on the Exchange during 52 weeks preceding the redemption date;
Maximal redemption price: 75% of the daily average maximal price per share on the Exchange during 52 weeks preceding the redemption date.
- In case of an inquorate meeting, the GMS will be held on 27.06.2008 at 11:00 a.m. at the same place under the same agenda.
The voting right will be entitled to all shareholders registered with the Central Depository AD 14 days before the GMS i.e. by 30.05.2008 (Record Date).
The final date for transacting shares of this company on the floor of BSE-Sofia, as a result of which the holder will be entitled to exercise his/her voting right at the GMS, will be 28.05.2008 (Ex Date: 29.05.2008).
- Report of the management bodies about the activities of the company in 2007.
- Adoption of the 2007 annual financial statement of the company.
- Report of the Investor Relations Director.
- Election of a certified accountant.
- Exemption from liability of the members of the management bodies for their activity in 2007.
- Profit allocation decision.
- Amendments to the Statute of the company with a draft resolution:
The GMS authoresses the Board of Directors to increase the capital of the company to the extent of BGN 100,000,000 through issuance of new shares within a period of five (5) years as from the date of registration of the present amendment to the Statute with the Commercial Register.
- Adoption of a decision for redemption of own shares to the extent of 3% of the company`s capital with a draft resolution: The GMS adopts a decision to be bought back up to 3% of the total amount of shares issued by the company and authoresses the Board to execute the redemption under the following terms approved by the GMS:
Period for execution of the redemption: Not longer than five years;
Minimal redemption price: The daily average minimal price per share on the Exchange during 52 weeks preceding the redemption date;
Maximal redemption price: 75% of the daily average maximal price per share on the Exchange during 52 weeks preceding the redemption date.
- In case of an inquorate meeting, the GMS will be held on 27.06.2008 at 11:00 a.m. at the same place under the same agenda.
The voting right will be entitled to all shareholders registered with the Central Depository AD 14 days before the GMS i.e. by 30.05.2008 (Record Date).
The final date for transacting shares of this company on the floor of BSE-Sofia, as a result of which the holder will be entitled to exercise his/her voting right at the GMS, will be 28.05.2008 (Ex Date: 29.05.2008).
© 2006 SPHolding
