23.05.2022

At the General Meeting of Shareholders of Stara Planina Hold, held on 23.05.2022, the following decisions have been taken.

    • Adopt the company Activity Report for 2021. Adopt the 2021 Annual financial statement verified by independent auditor.
    • Decision about profits distribution:
- Gross dividend: BGN 6,181,039.84 
- BGN 0.29825 per share.
- Net dividend: BGN 0.28333 per share.
- Initial date for dividend payment - July 15, 2022.
- Term for dividend payment – 6 months until January 14, 2023.
- The right to receive dividends for 2021 will be entitled to all persons/entities entered in the central register of securities, as such with the right to dividend by June 6, 2022 at the latest.

The General Meeting of Shareholders released from responsibility the members of the Board of Directors for their activities in 2021 and appointed Assoc. Prof. Dr. Katya Raykova Zlatareva to be the certified auditor for the 2022 independent financial audit of the company.


Stara Planina Hold has been paying dividend each year since its establishment.

The total amount of dividend distributed to shareholders of Stara Planina Hold until now has BGN 42.5 million. The initial investment in the holding company has a dividend cover of 24.3 times.

The public companies from Stara Planina Hold Group - M + S Hydraulic and Hydraulic Elements & Systems have a policy of regular dividend payments. The total cash flow by dividends expected to be collected in Stara Planina Hold this year amounted to 8.166 million BGN.

Total dividend for the 25 anniversary of the group of Stara Planina Hold is BGN 215.6 million.