Today, 27th of June 2016, the Management Board of EUROHOLD BULGARIA AD took a decision for a capital increase of the company through an issuance of new shares subject to the provisions of the Public Offering of Securities Act, respectively for empowerment the representatives of the company for taking all necessary actions in relation to the above decision.
Pursuant to art. 13, para 5 of the Articles of Association of Eurohold Bulgaria AD, art. 196, para 1 of the Commercial Act and art. 194 para 1 and 2 of the Commercial Act and art. 112 etc. of the Public Offering of Securities Act the Management Board of Eurohold Bulgaria AD takes a resolution to increase the share capital of the company from 127,345,000 (one hundred twenty-seven million three hundred forty-five thousand) Bulgarian Leva to 212,241,666 (two hundred and twelve million two hundred forty-one thousand six hundred and sixty-six) Bulgarian Leva by means of a new issue of shares subject to public offering in line with the provisions of the Public Offering of Securities Act. The new issue will consist of 84,896,666 (eighty-four million eight hundred ninety-six thousand six hundred sixty-six) shares of the same type and class as the existing issue of shares of the company, namely: dematerialized, registered, non-priviliged, voting shares, each of them with 1 (one) voting rights in the meeting of the shareholders of the company, with dividend rights and with a liquidation stake right commensurate to the nominal value of the share. The nominal value of each share is 1,00 (one) Bulgarian Lev. The issue value of each share will be 1,00 (one) Bulgarian Lev.

The share capital of Eurohold Bulgaria AD will be increased only subject to condition that at least 33,958,667 (thirty-three million nine hundred fifty-eight thousand six hundred sixty-seven) shares, representing approximately 40 (forty) per cent of the offered shares are duly subscribed and fully paid-in, i.e. In such case, pursuant to art. 192a, para 2 of the Commercial Act, the share capital will be increased only with the amount of the subscribed and fully paid-in shares equal to or exceeding the aforesaid minimal acceptable amount of subscribed share capital and the public offering will be considered successfully completed. Subscription of any shares in excess of the maximal acceptable amount of offered share capital, i.e. 84,896,666 (eighty-four million eight hundred ninety-six thousand six hundred sixty-six) shares, will not be allowed.
The public company will issue a prospectus in regards to the accomplishment of the public offering of the new issue of shares for the share capital increase of Eurohold Bulgaria AD following the procedure and in line with the content provided by the Public Offering of Securities Act and the by-laws thereto, after the said prospectus is confirmed by the Financial Supervision Commission. The planned use of the capital raised by the new issue and the risks pertaining to the activities of Eurohold Bulgaria AD and to the investments in securities which are subject of public offering, will be outlined in details in the prospectus.

The investment firm which will be dealing with the share capital increase of Eurohold Bulgaria AD under terms and conditions of public offering will be Euro-finance AD, with headquarters and business address at 43 Christopher Columbus Blvd., Sofia.

Pursuant to art. 112б, para. 2 of the Public Offering of Securities Act all persons which have acquired shares at least 7 (seven) days after the date of promulgation of the announcement for the public offering under art. 92a, para 1 of the Public Offering of Securities Act will be entitled to subscribe shares. On the first business day following the expiration of the aforesaid 7-days term the Central Depository AD will open accounts for the rights of these persons based on the data in the shareholders' book. One right in the meaning of § 1, item 3 of the Additional Provisions of the Public Offering of Securities Act will be issued against one share from the share capital of Eurohold Bulgaria AD. Each three rights will entitle their holder to subscribe two new shares from the issue for the share capital increase at issue value of 1,00 (one) Bulgarian Lev per each share, where the particulars of the exchange mechanics will be specified in details in the prospectus for public offering of the new issue. All persons who are willing to subscribe shares from the new issue of Eurohold Bulgaria AD will need to acquire rights first. The existing shareholders will acquire the rights free of charge following the procedure mentioned above. All remaining investors will be able to buy rights through a transaction at the "Rights Markets" organized by the Bulgarian Stock Exchange - Sofia within the period for free trade of the rights or through a purchase under the terms of free auction of the rights which will not have been exercised, subject to term and conditions specified in details in the prospectus.

Eurohold Bulgaria AD Sofia published this content on 27 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 June 2016 14:58:02 UTC.

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