In relation to the resolution of the General Meeting of Shareholders of Bulgarian-American Credit Bank AD of 23 May 2023 for distribution in the form of dividend of part of the profit of Bulgarian-American Credit Bank AD for 2022, after taxation, in the amount of BGN 2 469 131, 30 (BGN two million four hundred sixty-nine thousand one hundred thirty-one), Unique Identifier of the Event BACB230523DV, the Management Board of BACB AD adopted a resolution to specify the terms and conditions of payment of the dividend as follows:

  1. Gross amount of the dividend per share - BGN 0.10
  2. Net amount of dividend per share - BGN 0.095
  3. Person under Article 64 of Regulation No. 8 of the FSC d.d. 03.09.2020 on the requirements to the activity of central securities depositories - "Bulgarian-American Credit Bank" AD
  4. Method of payment of the dividend - through "Central Depository" AD, in the following manner:
    a) For shareholders whose shares are held with persons who hold and administer financial instruments on behalf of clients (investment intermediaries), respectively - with persons under art. 133 of the Financial Instruments Markets Act, the dividend shall be paid through the respective investment intermediary
    b) For shareholders whose shares are held in personal accounts, the dividend shall be paid through the offices of "Bulgarian-American Credit Bank" AD on the territory of the Republic of Bulgaria
  5. Initial date of dividend payment - 20 July 2023
  6. Closing date of dividend payment through the person under art. 64 of Regulation No. 8 of the FSC (BACB AD) - 22 January 2024
  7. All expenses related to the payment of the dividend shall be borne by the Bulgarian-American Credit Bank.

After the deadline for the payment of the dividend, within the five-year limitation period, any shareholder who has not received his dividend for 2022 may receive it from BACB AD in cash or by bank transfer, upon express written request, at the address of the registered office of BACB AD 1000 Sofia, Bulgaria, 2 Slavyanska Street, e-mail ir@bacb.bg or tel. + 359 2 9058271.

Unreceived and unclaimed dividends after the expiry of the five-year limitation period shall be allocated to the Reserve Fund of BACB.

Terms and Conditions for Dividend Payment for 2022

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Bulgarian American Credit Bank AD published this content on 07 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2023 14:48:04 UTC.