Frequently Asked Questions
Does Doverie – United Holding AD have offices throughout the country?
Doverie – United Holding AD has only one office located in Sofia at the following address: 5 Lachezar Stanchev Str., Sopharma Business Towers, Office Building А, floor 7.
Are dividends paid to the shareholders?
No dividends are currently paid to the shareholders. Dividends cannot be claimed for years prior to 2005. By decisions of the General Meeting of Shareholders of Doverie – United Holding AD, dividends have not been paid for the financial years 2006 – 2022.
How are shareholders notified about payments of dividends?
Doverie – United Holding AD has more than 140,000 shareholders and it is impossible to send notices to everyone about the payment of dividents. A large number of shareholders have changed their address and this has not been reflected in the book of shareholders kept by Central Depository AD. In this regard, shareholders can use the mass media (specialized information media, company website, telephone, etc.) to obtain the necessary information.
What is the limitation period for unclaimed dividends?
According to the Law on Obligations and Contracts, the limitation period for unclaimed dividends is 5 (five) years.
How can shareholders from around the country receive their dividends?
According to the Law on the Public Offering of Securities, in case of a dividend decision the company designates at least one financial institution through which the payments will be made.
If I have a voucher book with 25,000 investment bonds, how many shares am I currently entitled to?
25 000 investment bonds are equal to 25 shares. In 2004 the holding increased its capital at the expense of the retained profits and reserves for the financial year 2003, and for one share owned as of 29 July 2004 each shareholder received one free share from the increase (i.e. the number of his shares has doubled). At the moment, a shareholder with a voucher book with 25,000 investment bonds owns 50 shares of the capital of Doverie – United Holding AD.
Is a new depository receipt issued for the additional shares from the 2004 capital increase?
A new depository receipt is not issued for the additional shares. They are automatically added to personal sub-accounts at the Central Depository. If the shareholder wishes to get such a receipt, it is necessary to contact an investment intermediary – registration agent at the Central Depository.
The service is charged according to the tariff of the Central Depository.
How can a shareholder check how many shares he/she owns?
On the basis of the provisions of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation), effective from 25 May 2018, shareholders – natural persons can obtain a report on the number of owned shares in one of the following ways:
– In person, at the office of Doverie – United Holding AD at the following address: Sofia, 5 Lachezar Stanchev Str., Sopharma Business Towers, Office Building А, floor 7 – by producing an identity card;
– On the website of Central Depository AD at: http://www.csd-bg.bg –> Начало –> Проверка на портфейл (the report is available only on the Bulgarian version of the website). It can be made in one of the following two ways: by using a qualified electronic signature (QES) issued to a natural person, or by entering a personal identification code (PIC) issued by the National Revenue Agency (NRA);
– Through a licensed investment intermediary – member of Central Depository AD. An up-to-date list of licensed investment intermediaries is published on the website of the Financial Supervision Commission: https://www.fsc.bg/ –> Capital activity –> Lists of Supervised Entities –> Investment Firms.
How are shares sold?
Shares are traded through an investment intermediary (financial brokerage firms, bank). Each shareholder has the right to sell the share package he/she owns, after signing a contract with the intermediary. Doverie – United Holding AD is not responsible in cases where the shareholder has not made a good deal and is dissatisfied with the transaction.
Doverie – United Holding AD is under no obligation to consult shareholders as to which investment firm to work with when selling their shares, as well as to what amount of money they should receive in return.
What happens to the shares of a deceased shareholder?
Shares can be inherited. When a shareholder dies, his/her heirs should consult an investment intermediary – registration agent listed at the Central Depository, where they can transfer the shares after paying the required fees.
In which companies does Doverie – United Holding AD participate?
Information about the companies in which Doverie – United Holding AD participates is published on our website: www.doverie.bg, “Companies” section.