Monbat AD is a Pioneer Again in this Season of General Assemblies in Bulgaria.

Today, 30-06-2014, at the annual general assembly of shareholders of Monbat AD for the first time the voting right in a Bulgarian public company was exercised by shareholders prior to the date of the general assembly through correspondence.

Exercising the voting right through correspondence prior to the date of the general assembly was provided as a possibility with the amendments of the Public Offering of Securities Act in 2009 within the process of harmonization of our legislation with Directive 2007/36/ЕО of the EU Parliament.
However, until this moment no shareholder of a Bulgarian listed company has taken advantage of this possibility. After the amendments to the Public Offering of Securities Act in 2009 we made respective amendments in the Articles of Association of Monbat AD and provided this possibility with a view to facilitate our shareholders in exercising their voting right.
We also elaborated Rules for Voting through Correspondence which are being published every year together with the invitation for the general assembly and represent a part of the written materials thereto. This is an extremely provident and easy way to exercise the right to vote on the part of the foreign investors.
We provide a bilingual sample of the declaration of intention in Bulgarian and English language which is easy to fill up by the shareholder, needs to be notary certified and respectively sent to the company.
Thus the expenses for additional consultation services are considerably decreased.
We sincerely hope that more investors will take advantage of this possibility in the future which is an exclusive convenience for them.

contact for investors
Daniela Peeva
Investor Relations Director
tel. +359 2 988 2413
e-mail: investorrelations@monbat.com