September 5 (SeeNews) - The Bulgarian Stock Exchange [BUL:BSE], the operator of the Sofia bourse, said that it will receive a dividend of some 7.8 million levs ($3.95 million/3.98 million euro) for 2021 from its wholly-owned unit, the Independent Bulgarian Energy Exchange (IBEX).
The BSE's dividend is equal to the entire net profit of the IBEX for last year and does not comprise reserved or undistributed profit for past periods, the Sofia bourse operator said in a filing last week.
As at 1509 CEST on Monday, shares in BSE traded flat at 9.85 levs.
IBEX, established in 2014, holds a 10-year license by the state Energy and Water Regulatory Commission (EWRC) for organising an exchange for electricity in Bulgaria.
The BSE acquired the IBEX in 2017.
In July, BSE shareholders approved an additional dividend of 0.4826 levs per share for 2021, bringing to some 6.8 million levs the total shareholder payout for last year.
(1 euro = 1.95583 levs)