Начало / News / At a session held on September 7, 2006, the Financial Supervision Commission (FSC)...

At a session held on September 7, 2006, the Financial Supervision Commission (FSC) adopted the following resolutions:


 1. The Commission issued a licence to Invest Property REIT, town of Vratsa, to pursue the following activities as a special purpose vehicle: investment of funds raised through issuance of securities in real estates /securitization of real estates/.
The Commission confirmed a Prospectus for public offering of 150,000 pieces of ordinary, registered, dematerialized, freely transferable voting shares, having a nominal value of BGN 1 each, issued by Invest Property REIT as a result of primary increase in the company’s capital.
The Commission entered the aforesaid issue of shares /undergoing a process of issuance/ in the Public Register.

 2. The Commission issued temporary prohibition on the publication of a tender offer submitted by ZMM - Bulgaria Holding Ltd., Sofia City, on purchase of shares of ZMM Nova Zagora AD, town of Nova Zagora, from the company’s other shareholders through Aval In AD Investment Intermediary.

 3. The Commission entered in the Public Register a shares issue, amounting to 2,357,847 pieces of ordinary, registered and dematerialized voting shares, having a nominal value of BGN 1 each, issued by Hydraulic Elements & Systems AD, town of Yambol, for the purpose of trading these on a regulated securities market.

 4. The Commission entered in the Public Register a shares issue issued by Bulgarian Rose Sevtopolis JSC, town of Kazanlak, as a result of increase in the company’s capital, and for the purpose of trading these on a regulated securities market. The issue is to the amount of 3,016,356 pieces of ordinary, dematerialized, registered voting shares, giving the right to one vote in the issuer’s General Meeting, and having a nominal value of BGN 1 and an issuance value of BGN 3 each.

 5. The Commission issued an approval for the amendments to the Articles of Association of Transinvestment REIT.

6. The Commission issued a licence to SUPER BOROVETS PROPERTY FUND REIT, town of Varna, to pursue the following activities as a special purpose vehicle: investment of funds raised through issuance of securities in real estates /securitization of real estates/. Super Borovets Property Investment AD, having 65.50%, and West-East Bank (having 30%) are shareholders in the company.
The Commission confirmed a Prospectus for public offering of 150,000 pieces of ordinary, registered, dematerialized, freely transferable voting shares, having a nominal value of BGN 1 each, issued by SUPER BOROVETS PROPERTY FUND REIT, town of Varna, as a result of primary increase in the company’s capital.
The Commission entered the aforesaid issue of shares /undergoing a process of issuance/ in the Public Register.