Brief: Bulgarian Real Estate Fund ADSITS recommends FY 2015 dividend

Bulgarian Real Estate Fund ADSITS

14/06/2016 07:17

June 14 (Reuters) - Bulgarian Real Estate Fund ADSITS 
 5BU.BB : 
    * Reported on Monday that it recommends FY 2015 dividend of 
90 pct of the 2015 profit i.e. of 1.6 million Bulgarian lev  
($922,881.70) which is 0.0797769 Bulgarian lev gross dividend 
per share  
    * Proposes reduction of the company's capital from 60.5 
million Bulgarian lev to 20.2 million Bulgarian lev by reducing 
nominal value per share issued by the company from 3.00 
Bulgarian lev  to 1.00 Bulgarian lev  and formation of reserves 
to the amount of 40.3 million Bulgarian lev  
 
     
  
     
 Source text: http://bit.ly/1UrMi6a 
     
 Further company coverage:  5BU.BB   
    
 
 
 
($1 = 1.7337 leva) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))