On the GSM, held on 25 June, the shareholders of Doverie United Holding approved all the proposals of the management board (MB). Among them were retaining 2025 profit and not distributing dividends. Another item was for amendments in the company’s Articles of Association. The main changes relate to empowering the MB to make a decision for a capital increase to a total of EUR 75m, up from the current limit of BGN 100m (EUR 51.1m) nominal value. Note that the current registered capital is BGN 21.5m (EUR 11m) consisting of 21 499 855 shares with nominal value of BGN 1 (EUR 0.51) each. The MB would have this power for a period of up to 5 years from entering of this change in the Commercial Register. The total capital includes common shares, preferred shares, convertible bonds and warrants. The shareholders also approved changes of the current buyback procedure. The changes relate only to the price limits – the lower and the upper price limits are set at EUR 4 (BGN 7.82) and EUR 10 (BGN 19.56) respectively, compared to the current BGN 7.00 and BGN 12.00 per share. The rest of the conditions remain unchanged – the program is for up to 3% of the company’s shares per year, but not more than 10% in total and term until 27 June 2029.