The Commission revoked the license for operation of the investment intermediary “Miliard Invest” OOD, Sofia
Project of an ordinance adopted on first reading
The Commission adopted on first reading a project of an Ordinance on the required documentation for issuing permission for transformation of a pension insurance company and a fund for supplementary pension insurance.
Peremptory prohibition on tender offer for buying shares Prokon – 90 A
FSC issued a peremptory prohibition on publishing of the following tender offer :
– Company, object of the offer: Prokon – 90 AD, Dobrich
– Offeror: Bulgaria AD, Dobrich
– Authorized investment intermediary: Elana Trading
Rubin AD is not public company anymore
Company Rubin AD has been deleted from the public register of the Commission in compliance with the decision of the Head of Investment Supervision Division
New Rules adopted
The Commission adopted Rules related to the option one person to combine the positions of a broker, an investment consultant and/or director of investor’s relations. According to the Rules one person cannot combine the above mentioned positions because of possible conflict of interests.
License refused to Kolos – 1
The Commission refused to issue a license for operation to Special Investment Purposes Company “Kolos – 1”.
Request of “TBI – BAK – Property” approved
The Commission approved the request of Special Investment Purposes Company “TBI – BAK – Property” for a change of its serving company. The new company is “TMF Services”.
Social Insurance Supervision Division has announced the final results of the activity of the supplementary social insurance for the year 2003
The total sum of the net assets, accumulated by the all three types of pension funds – occupational, universal and voluntary – amounts to BGN 510 544 000, which is 53.55% more compared to the results of the previous year 2002. As of the end of the year 2003 the number of the social insured persons has increased with 27.18% compared to the year 2002 and reached 2 294 966 persons.
New public company registered – Bulgarski Bergman EAD, Gurchinovo
FSC registered with its register of public companies and other issuers the following company and its issue of securities
Issuer: Bulgarski Bergman EAD, Gurchinovo
Type of securities: ordinary, dematerialized, fully transferable shares
Size of the issue: 53 940 shares
Nominal value: BGN 1
Change of the subject of activity of an investment intermediary approved
The Commission approved the request for a change in the subject of activity submitted by investment intermediary “Accept Invest” AD. According the approved change the investment intermediary shall carry out its activity including transactions in securities, portfolio management and custodian services, only on the account of a third party.