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Bulgaria's Sirma changes corporate rules to enable interim dividends

Nov 14, 2022, 4:29:37 PMArticle by Tanya Ivanova
share
November 14 (SeeNews) - Bulgarian software developer Sirma Group Holding [BUL:SGH] said on Monday that its shareholders approved changes to corporate rules to enable the distribution of interim six-month dividends.

Bulgaria's Sirma changes corporate rules to enable interim dividends
Sirma Group Holding/All rights reserved.

The decision was made at a general meeting held on November 11, the company said in a stock exchange filing.

The changes are being made as Sirma intends to pay a dividend totalling 889,135 levs ($68,990/454,608 euro), or 0.015 levs per share, for the first half of 2022.

Sirma said earlier that it will hold a new general meeting for shareholders to vote on the proposed dividend after entering the changes to its corporate rules into the commercial register.

As at CET 1457, shares in Sirma traded flat at 0.755 levs on the Bulgarian Stock Exchange.

(1 euro = 1.95583 levs)

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