Sofia Commerce Pawn Brokerage AD (BUL:6SOA) commences share repurchases on June 27, 2014 under the program mandated by the shareholders in the General Shareholders Meeting held on June 27, 2014. As per the mandate, the company is authorized to repurchase up to 3% of the total number of voting shares issued by the company per each calendar year of the redemption period but not more than 10% of the company`s share capital over the entire redemption period. The company will pay a minimum price of BGN 5 per share and a maximum price of BGN 8 per share.

The repurchases would be made on the grounds of Art. 187b of the Commerce Act and of Art. 111 (5) of the POSA.

The program would run for a period of 2 years from following the adoption of the decision for redemption of the company's shares.