Notice General Meeting of Shareholders – MONBAT AD (MONB)
Issuer: Monbat AD-Sofia (MONB)
Aval In AD received information that Monbat AD-Sofia (MONB) convenes a regular GMS on 10-06-2021 from 10.30 am in Sofia, 1 Gurko Str., Grand Hotel Sofia, Triaditsa Hall, during the following daily line:
– Report of the management bodies on the activity of the company in 2020;
– Acceptance of the annual financial report of the company for 2020;
– Report of the registered auditor for 2020;
– Report of the Audit Committee for 2020;
– Report of the Investor Relations Director for 2020;
– Adoption of a report on the implementation of the Remuneration Policy of the members of the management bodies;
– Releasing the members of the management bodies from responsibility for their activities in 2020;
– Re-election of the Audit Committee. Determining the mandate and remuneration of the members;
– Changes in the management bodies of the company. Proposal for decision: GMS dismisses Dimitar Kostadinov as a member of the Board of Directors of Monbat. The General Meeting elects Viktor Spiriev as a new member of the Board of Directors;
– Determining the amount of remuneration and the management guarantee of the newly elected member of the Board of Directors;
– Changes in the Articles of Association of the company;
– Decision on the distribution of the company’s profit realized in 2020 and part of the retained earnings from 2019. Proposal for decision: The net profit of the company realized in 2020 of BGN 5,356,828.53 to be distributed as a dividend to the shareholders, together with part of the retained earnings from 2019 of BGN 1,643,171.47, the total amount of the dividend being BGN 7,000,000. The GMS authorizes the Board of Directors to take all necessary legal and factual actions regarding the payment of the dividend, including selection of a servicing bank, initial and final term for payment of the dividend;
– In the absence of a quorum, the meeting will be held on 25.06.2021 from 10.30 am at the same place and with the same agenda.
The right to vote in the GMS is exercised by the persons registered as such with the right to vote in the central register of securities 14 days before the date of the GMS, or as of 27.05.2021.
The last date for concluding transactions with shares of this company on the Exchange, as a result of which the acquirer will be able to exercise the right to vote in the GMS, is 25.05.2021.
The full text of the invitation for the GMS of the company can be found on the website of the Exchange
The full text of the news can be found published on the financial website X3News
