Telelink Business Services : Minutes from a General shareholders meeting

Minutes from a General shareholders meeting 21.09.2022 15:54:46 (local time)

Company: Telelink Business Services Group AD-Sofia (TBS)
The extraordinary General Meeting of Shareholders of Telelink Business Services Group dated 21 September 2022 has passed the following resolutions:
- Adoption of the semi-annual financial report of TBSG for the first half of 2022 and the activity report to it
- Adoption of a distribution of a semi-annual dividend to the total amount of BGN 10,125,000 (formed of BGN 2,429,535.15 from the 2021 profit and BGN 7,695,464.85 from the first half profit of 2022) in terms of BGN 0.81 gross dividend per share
- Election of a registered auditor for 2022
- Extending the mandate of the Supervisory Board members by one (1) year as of the date of their mandate expiry
- Determination of the remuneration to the members of the Supervisory Board
- Determination of the guarantee for the management to the members of the Supervisory Board
- Taking a decision to provide the members of the Managing Board with remuneration based on shares of the company for 2022 and approval of a scheme under which this will be realised, namely:
1) Maximum number of shares subject to remuneration: Up to 25,000 shares or 0.20% of all shares issued by the company
2) The procedure and conditions for granting the shares are described in detail in the EGM's Record of Proceedings.
3) The transfer of ownership over the finally transferred shares shall follow the completion of the relevant three-year period for which the conditions are tracked but not earlier than three years after the date of the Supervisory Board's resolution for their granting.
4) No conditions shall be defined or applied towards the retention of the shares after their transfer.
5) The Supervisory Board may grant to the members of the Managing Board share-based remuneration for 2022 by the end of December 2022, subject to the prior approval of this schedule by the General Meeting of shareholders.
The right to a dividend will be entitled to all shareholders registered with the central securities register on the 14th day following the EGM date, i.e. by 05 October 2022 (Record Date).
The final date for transacting shares of this company on the Exchange, as a result of which the holder will be entitled to receive a dividend, will be 03 October 2022 (Ex-Dividend Date: 04 October 2022).
The Record of Proceedings taken at the company's EGM is available on the website of the Exchange.
The entire piece of news is published on the financial website X3News.