The Deputy Chairman of the FSC, Head of Social Insurance Division Bisser Petkov set the minimum return rate on the asset management of the professional pension funds for preceding 24-months period – from 01.01.2002 to 31.12.2003. The minimum return rate is 6.55% on annual basis.
The Commission approved a tender offer for buying shares of Sofia Mel AD
FSC approved the following tender offer :
– Company, object of the offer: Sofia Mel AD
– Offeror: Loulis Mel – Bulgaria EAD & Loulis International Enterprise(ulgaria) Limited
– Authorized investment intermediary: Elana Trading
– Offered price per share: BGN 6
Share issue of Sopharma has been registered
The Commission registered with its register of public companies and other issuers the following issue of securities :
Public company : Sofarma AD, Sofia
Type of securities: ordinary, dematerialized, fully transferable shares
Size of the issue: 60 000 000 shares
Nominal value: BGN 1 per share
Permission to enlarge its scope of activity granted to investment intermediary “Status Invest”
The Commission gave a permission to the investment intermediary “Status Invest” AD, Sofia to enlarge its scope of activity and to carry out its activity abroad.
Recovery program of investment intermediary Argo Invest A approved
The Commission approved a recovery program of investment intermediary Argo Invest. The program is design to help the investment intermediary to adjust its capital adequacy and liquidity according to the requirements of Ordinance N6 for the capital adequacy and liquidity of the investment intermediaries.
Amendments to the FSC Ordinance N3 adopted
The Commission adopted amendments to the Ordinance N3 for the methods for change of participation and transfer of the accumulated sums of an insured person from one supplementary social insurance fund to a relevant fund managed by other social insurance company.
Amendments to the FSC Ordinance N4 adopte
The Commission adopted amendments to the Ordinance N4 for the obligatory insurance.
Tender offer for buying shares of IPK Rodina AD has been approved
The Commission approved the following tender:
– Company, object of the offer: IPK Rodina AD
– Offeror: Obedineni Bulgarski Vestnici AD, Sofia
– Authorized investment intermediary: PFBK AD
– Offered price per share: BGN 6.84
Temporary prohibition on a tender offer for buying shares of Rubin AD
The Commission issued a temporary prohibition on the following tender offer:
– Company, object of the offer: Rubin AD, Pleven
– Offeror: TEOS Holding, Austria
– Investment intermediary: Dilingova Finansova Kushta