The Belgrade Stock Exchange has scheduled an extraordinary General Assembly for December 2th The agenda includes the adoption of a decision on issuing ordinary shares of the Belgrade Stock Exchange for the purpose of increasing the share capital through new investments.
The extraordinary 38th session of the Belgrade Stock Exchange’s General Assembly will take place next Monday at its headquarters, located in the New Belgrade street Omladinskih brigada, starting at 10 am.
The General Assembly consists of representatives of the exchange’s shareholders, and they decide by a two-thirds majority vote on capital increases and decreases, status changes, election and dismissal of members of the Board of Directors, president and members of the Supervisory Board, auditors, and liquidators, changes in the form and termination of the exchange, and profit distribution.
This time, however, the invitation specifies that the approval of the Decision on issuing ordinary shares for the purpose of increasing the share capital requires the support of three-quarters of the attending shareholders.
The largest share in the ownership of the Belgrade Stock Exchange belongs to the Republic of Serbia, which owns 51.71% of the shares. Another 12.98% of the shares belong to the Belgrade Bank in bankruptcy, while 10.34% of the shares belong to another bank in bankruptcy – Beobanka.
Among the shareholders are the Athens Stock Exchange (Athex), Postal Savings Bank, Mobtel-PTT, and others.
One individual, Branislav Ćosić, is also a co-owner, holding one percent, or 42 shares.
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