With reference to a decision of the Board of Directors of FairPlay Properties REIT-Sofia, BSE code – FFP, dated 23.05.2006, for replacement of the investment intermediary authorised to administer the upcoming capital increase, please find below the corrected announcement of the public offering:
With reference to a decision of the Board of Directors dated 10.05.2006 for increase in the capital of FairPlay Properties REIT-Sofia, BSE code – FFP, please be informed of the following:
– Number of shares before the capital increase: 650,000 shares
– Number of shares, offered for subscription: 24,700,000 shares
– Nominal value: BGN 1.00 per share
– Issuing value: BGN 1.00 per share
– Low limit of the issue for the subscription to be successful: 10,000,000 new shares subscribed to and paid
– BSE code of the rights issued: R3FFP
– Number of the rights issued: 650,000
– Ratio between the rights issued and new shares (right/shares): 1/38
– Everyone may subscribe to at least one new share and to utmost such number of shares equal to the number of the owned and/or acquired rights multiplied by 38.
– Exchange member authorised to administer the capital increase: Somoni 2001 OOD
– Bank, with which the accumulation account to be opened: CB United Bulgarian Bank AD
– The right to participate in the capital increase shall be entitled to all shareholders, who have acquired shares within 7 days upon the publication in both State Gazette and a national daily at the latest.
– The initial date for transfer of rights shall be the second working day following the expiry of 7 days following the day of announcement of the public offering in both State Gazette and a national daily, but not earlier than the expiry of the term pursuant to Art. 112b (2) of the POSA.
– The specific dates for trade of rights, subscription to shares and the auction pursuant to Art. 126b (7) will be additionally announced upon the publication of the announcement in both State Gazette and a national daily.
