April 12 (SeeNews) - CEZ Electro Bulgaria [BUL:CEZE], a unit of Czech energy group CEZ, said on Monday that it is proposing to its shareholders to distribute a gross dividend per share of 5,867.49 levs ($3,573/3,000 euro).
The proposal envisages the distribution of some 29.3 million levs of profits accumulated by the end of 2019, CEZ Electro Bulgaria said in a stock exchange filing.
The vote on the proposal is scheduled for April 27.
Shares in CEZ Electro Bulgaria last traded on the Bulgarian Stock Exchange at a price of 25,200 levs.
Last week, financial and insurance group Eurohold Bulgaria [BUL:EUBG] said it expects to complete the acquisition of the Bulgarian assets of Czech energy group CEZ, which include a majority stake in CEZ Electro Bulgaria, in the first half of the year.
(1 euro = 1.95583 levs)