Neochim AD-Dimitrovgrad (NEOH) Neochim AD informs of fully terminated natural gas consumption according to Regulation (EU) No 1227/2011 of the European Parliament and of the Council of 25 October 2011 (REMIT) on wholesale energy market integrity and transparency, which also has been announced through the Balkan Gas Hub IIP platform for disclosure of inside information.
Source: BSE (02.01.2024)

Neochim AD-Dimitrovgrad (NEOH) In addition to the notification of 22 December 2023 regarding an unforeseeable force majeure event, namely the emergency stop of the nitric acid plant, the ammonia plant was also shut down at around 22:00 on 26 December 2023 due to the technological dependence of the plants.
Source: BSE (02.01.2024)

The Bulgarian Stock Exchange is sending another successful year. SOFIX has grown by 27% on an annual basis, which places the Bulgarian capital market in the Top 10 of the best performers in Europe. And more - growth in the dividend yield of companies in the main index in 2023 in the amount of 7%, at 4.5% for 2022. BSE's turnover is down 22%, but still compared to the pre-Covid period (2019), the increase is 135%. These highlights were highlighted during the 23rd Annual Awards ceremony of the Bulgarian Stock Exchange. The ceremony was officially opened by the Chairman and Vice-Chairman of the Financial Supervision Commission, Mr. Boyko Atanasov and Mrs. Maria Filipova, together with Vasil Golemanski - Deputy Chairman of the Board of Directors of the BSE and Assoc. Dr. Manyu Moravenov - Executive director of the BSE. A special guest speaker at the event was one of the leading drivers of charity in Bulgaria - Lazar Radkov, founder of the "Caps for the Future" foundation and campaign. Lazar Radkov shared the core values, part of the donation mission, the current causes and initiatives that his foundation is targeting in the new year. The BSE awarded the best performers of the past year in six categories: INVESTMENT INTERMEDIARY WITH HIGHEST TURNOVER ON BSE MARKETS IN 2023 First place ABV Investments EOOD Second place Real Finance AD Third place TB Central Cooperative Bank AD INVESTMENT INTERMEDIARY WITH THE GREATEST NUMBER OF TRANSACTIONS ON THE BSE MARKETS IN 2023 First place Karol AD Second place Elana Trading AD Third place Benchmark Finance AD INVESTMENT INTERMEDIARY WITH THE MOST ISSUES ON THE BSE MARKETS IN 2023 First place is shared by Focal Point Investments AD and SUG Market EAD INVESTMENT INTERMEDIARY WITH THE HIGHEST TURNOVER AND THE GREATEST NUMBER OF TRANSACTIONS ON THE BEAM MARKET OF THE BSE IN 2023 Carol AD ISSUER THAT RAISED THE LARGEST CAPITAL ON THE BSE MAIN MARKET IN 2023 Sopharma AD JOURNALIST WITH THE GREATEST CONTRIBUTION TO THE PROMOTION OF THE CAPITAL MARKET IN 2023 HRISTO NIKOLOV, presenter at Bloomberg TV Bulgaria Outside of these categories, the following were also specially awarded: INVESTMENT INTERMEDIARY WITH THE HIGHEST TURNOVER ON THE BSE MTF BSE INTERNATIONAL MARKET IN 2023 TB Central Cooperative Bank AD INVESTMENT INTERMEDIARY WITH THE LARGEST NUMBER OF TRANSACTIONS ON THE BSE MTF BSE INTERNATIONAL MARKET IN 2023 Benchmark Finance AD FIRST MARKET MAKER ON THE BSE BEAM SME GROWTH MARKET YUG Market EAD THE MOST LIQUID ISSUER OF THE PREMIUM SHARE SEGMENT ON THE BSE MAIN MARKET IN 2023 First place Shelley Group AD Second place Sopharma AD Third place Agria Group Holding AD MOST LIQUID ISSUER OF THE STANDARD SHARE SEGMENT ON THE BSE MAIN MARKET IN 2023 First place Doverie United Holding AD Second place Eurohold Bulgaria AD Third place Neochim AD THE MOST LIQUID ISSUER ON THE SME BEAM GROWTH MARKET ON THE BSE IN 2023 First place Dronamix Capital AD Second place ImPuls Growth AD Third place HR Capital AD-Sofia ISSUER WITH THE HIGHEST DIVIDEND YIELD ON THE BSE MAIN MARKET IN 2023 First place Sopharma AD Second place Neochim AD Third place Bulgarian Stock Exchange AD ISSUER WITH THE GREATEST PERCENTAGE GROWTH OF INVESTORS IN 2023 BIANOR HOLDING AD
Source: BSE (16.01.2024)

The Bulgarian Stock Exchange has had a successful year, marking a 27% year-on-year increase in the main SOFIX index. This places the Bulgarian capital market in the Top 10 of the best performing in Europe. Dividend yield growth for companies in the main index in 2023 is 7%, compared to 4.5% for 2022. BSE turnover is down 22%, but still, compared to the period before the COVID-19 pandemic , the increase is 135%. The issuers with the highest dividend yield are Sopharma, Neochim and the Bulgarian Stock Exchange, and the company with the largest percentage growth in the number of attracted investors in 2023 is Bianor Holding.
Source: econ.bg (17.01.2024)

Neohim AD-Dimitrovgrad (NEOH) Neochim AD-Dimitrovgrad presented a quarterly report for the Fourth Quarter of 2023.
Source: BSE (30.01.2024)

The 10 largest traders in the chemical products trading sector realized revenues in the total amount of over BGN 2.5 billion in 2022, according to the data of the "Information System of Bulgarian Enterprises", maintained by BIK Capital Market Ltd. The largest revenues (over BGN 817 million) were registered by Afer Bulgaria EOOD - Devnya, which is the main distributor of the products of "Agropolychem" AD for sales both on the Bulgarian market and within the European Union. The main subject of the company's activity covers the wholesale trade of nitrogenous, phosphoric and combined fertilizers, as well as other products of the chemical industry. Second in the ranking, with revenues of over BGN 337 million for 2022, is ASM EOOD - Montana. The company is the successor of Agrohim EOOD, established in 1997. The main activity of the company includes trade in plant protection preparations, sowing seeds and all types of Bulgarian and imported mineral fertilizers. ASM also trades in agricultural products and liquid fuels. In third position, with revenues of BGN 273 million, we find Euro Fert AD - Dimitrovgrad. The company is a commercial representative of the first fertilizer producer in our country "Neochim" AD. And the main product it offers is ammonium nitrate. Top 10 is completed since 999 - Iv. Asenov Ltd. - Katunitsa, Eurochem Agro Bulgaria Ltd. - Pleven, Balkan Polymers Ltd. - Sofia, Brentag - Bulgaria Ltd. - Sofia, Agrofert Ltd. - Kozloduytsi, Syngenta Bulgaria Ltd. - Sofia and F + C Agro Ltd. - Ruse.
Source: Capital market (08.02.2024)

Neochim AD-Dimitrovgrad (NEOH) Notification regarding a contract concluded on 08 February 2024 with an interested person under Art. 114 (7), item 1 of the POSA
Source: BSE (09.02.2024)

Neohim AD-Dimitrovgrad (NEOH) Neochim AD-Dimitrovgrad presented a quarterly consolidated report for the Fourth Quarter of 2023.
Source: BSE (28.02.2024)

In 2022, the total sales of the top 10 manufacturers in the "Chemistry" sector will exceed BGN 14.7 billion. The average revenue for the companies in the sector ranking will jump by over 87% compared to 2021. The most significant is the financial result of "Agropolychem" ( BGN 228.1 million), followed by Lukoil Neftohim Burgas (BGN 129.5 million). Among the companies in the sectoral ranking, the largest employers are "Gotmar" (1,290 employees), "Lukoil Neftohim Burgas" (1,284) and "Hamberger Bulgaria" (1,114). The leader in the ranking is the Ruse producer of biodiesel and sunflower oil "Astra Bioplant" of Stanko, Mladen and Deyan Stankovi, reports over 118% growth in revenues in 2022. For 2022, the profit of the group, uniting seven enterprises, is 90 million. BGN, and a year earlier it was BGN 227 million. The second in the ranking - "Lukoil Neftohim Burgas", reports over BGN 2.176 billion in sales for 2022. Georgi Samuilov's "Insa Oil" occupies third place in the top 10 with over BGN 1.919 billion in revenue and growth over 107%. The company, which has bases in Belozem, Burgas and Ruse, is a large importer and exporter of diesel. "Prista Oil Holding" (10th place) of the Bobokov brothers. reports over 58% growth in sales in 2022, which exceed BGN 148 million. The top 10 also includes three companies that produce fertilizers. The largest and private Bulgarian plant for nitrogen and phosphorus fertilizers "Agropolyhim" - Devnya (4th place), in which the shareholders are Philip Rombout (Belgium) and Iskar Iskrov, continues its ambitious investment program. In the next five years, the company will invest BGN 490 million in a nitric acid plant and in related projects, thus doubling the production of nitrogen fertilizers. Revenues of over BGN 661 million in 2022 are assigned to the Neohim fertilizer plant - Dimitrovgrad, fifth place in the top 10. In 2023, however, the Dimitrovgrad plant often closed due to accidents, which sharply reduced its sales and the company lost nearly BGN 39 million. The producer of soda ash and bicarbonate of soda "Solvay Sodi" - Devnya (6), owned by the Belgian Solvay group and the Turkish Sisecam, increased its revenues by more than a fifth. The latest investment that the company is planning is to build a steam production plant using alternative fuels (RDF and biomass). According to preliminary estimates, the project is for BGN 150-200 million and is part of a larger package aimed at reducing the company's carbon emissions. The manufacturer of fast-moving goods "Ficosota" (laundry, cleaning, washing products, personal care and cosmetics, hygienic disposables) is also investing heavily in the development of its business. One of the investments of the company of the brothers Krasen and Zhechko Kyurkchievi, which reports over BGN 263.3 million turnover in 2022 (7th place), is in a line for packaging liquid products in flexible polypropylene packaging. The project is worth EUR 620,000 and is co-financed by Innovation Norway. A strong year 2022 is also reported by the company "Gotmar" - Saedinenie (8th position), owned by Georgi Tuchev. The company specializes in the processing of thermoplastics and has been operating on the market since 1992. Through the Nova Trade company, the group includes the production of Bachkovo mineral water and Derby soft drinks. For 2022, it reports over BGN 240.9 million turnover (8th position). With sales of over BGN 218.8 million, the factory for the production of toilet seats "Hamberger Bulgaria" occupies 9th place in the ranking. The company is part of the Hamberger Industriewerke group of the same name, founded in 1866 by the German Hamberger family.
Source: Capital (06.03.2024)

Neochim AD-Dimitrovgrad (NEOH) Neochim AD notifies that as of 02 March 2024, the nitric acid plant and the ammonium nitrate plant resumed functioning.
Source: BSE (06.03.2024)

At a meeting of the Board of Directors of the BSE AD under Protocol No. 13 dated 07.03.2024, the following decisions were taken: I. Revision based on SOFIX The first 15 (fifteen) issues of shares meeting the requirements of Art. 9 of the BSE Index Calculation Rules and Item 3 of Appendix No. 1 (SOFIX Calculation Methodology), classified according to Items 4-7 of Appendix No. 1, are: Emission Free float protection. Capt. (BGN) Median weekly turnover (BGN) Number of transactions Spread Avg.-arithm. St. St Shelley Group AD 332 990 837 490 847 3 772 0.02055427 Sopharma AD-Sofia 313 935 358 252 165 3 305 0.02173010 Doverie United Holding AD 117 059 358 96 869 1 914 0.02003008 Advance Terrafund REIT-Sofia 172 997 494 79 791 1 414 0.02418510 Eurohold Bulgaria AD 151 421 877 238 273 772 0.08504324 Bulgarian Stock Exchange AD-Sofia 51 294 962 68 778 1 078 0.04751621 Agria Group Holding AD-Varna 29 326 360 79 638 1 264 0.02814776 Varna Holding AD 88 690 491 32 537 408 0.01894687 TB First Investment Bank AD-Sofia 47 200 546 36 861 1 981 0.05483585 Chemimport AD-Sofia 36 255 988 34 252 1 519 0.04956333 Real estate fund Bulgaria REIT-Sofia 66 903 257 33 553 648 0.04238201 Sopharma Trading AD-Sofia 24 492 294 66 200 914 0.03813512 TB Central Cooperative Bank AD 32 405 175 51 751 749 0.05511049 Elana Agrocredit AD-Sofia 25 969 957 26 373 402 0.02650037 M+C Hydraulic AD-Kazanlak 99 579 407 11 365 429 0.09242756 As a result of the inspection under Item 13 of Appendix 1 (Methodology for calculating SOFIX), it was established that the weight of the economic group, including the shares issued by Sopharma AD-Sofia and Sopharma Trading AD-Sofia, exceeds the requirement of 20% as of 01.03. 2024. In this regard, the issue of shares of Sopharma Trading AD-Sofia is excluded from the ranking above. The next emission meeting the requirements of Art. 9 of the Rules and item 3 of Appendix No. 1, classified according to items 4-7 of Appendix No. 1, is the issue of shares of Sirma Group Holding AD-Sofia, which has the following indicators: Emission Free float protection. Capt. (BGN) Median of weekly turnover (BGN) Number of transactions Spread Avg.-arithm. St. St Sirma Group Holding AD-Sofia 22 822 042 14 849 499 0.05254505 Based on the ranking performed under items 4-7 and the relevant checks and decisions under item 13 of Appendix 1 (Methodology for calculating SOFIX), on the basis of Art. 15, item 4 of the BSE Index Calculation Rules in connection with item 17 of Appendix 1 (Methodology for SOFIX calculation), the Board of Directors excludes the following two share issues from the basis of the SOFIX index: NEOH Neohim AD-Dimitrovgrad, i SFT Sopharma Trading AD-Sofia; and adds the following two share issues to the base of the SOFIX index: AGH Agria Group Holding AD-Varna, i SGH Sirma Group Holding AD-Sofia. The decision to change the base of the SOFIX index comes into force as of March 18, 2024. Èçïðàùàíå íà îòçèâè Ñòðàíè÷íè ïàíåëè Èñòîðèÿ Çàïàçåíè Ïðèíîñ
Source: BSE (08.03.2024)

At a meeting of the Board of Directors of the BSE AD under Protocol No. 13 dated 07.03.2024, the following decisions were taken: II. Revision based on BGBX 40 Pursuant to Art. 15, item 4 of the BSE Index Calculation Rules in connection with item 15 of Appendix No. 2 (Methodology for BGBX 40 calculation), the Board of Directors excludes the following seven share issues from the BGBX 40 index base: BPF Bravo Property Fund REIT-Sofia; HIKA Industrial Capital Holding AD-Sofia; HNVK Holding Nov Vek AD; HRZ Rodna Zemya Holding AD-Sofia; IHB Industrial Holding Bulgaria AD-Sofia; SPDY Speedy AD-Sofia; and T57 Trace Group Hold AD-Sofia; and adds the following seven share issues to the base of the BGBX 40 index: PET Petrol AD; SFB Sopharma Buildings REIT; HLEV Golden Lev Holding AD; BNR Bianor Holding AD-Sofia; BBRD Billboard AD-Sofia; BSP Balkan and Sea Properties REIT-Varna; and TXIM TB Texim Bank AD-Sofia. III. Basis Revision of BG REIT Pursuant to Art. 15, item 4 of the BSE Index Calculation Rules in connection with item 12 of Appendix No. 3 (Calculation Methodology of BG REIT), the Board of Directors does not make changes to the base of the BG REIT index. IV. Revision based on BG TR30 Pursuant to Art. 15, item 4 of the Rules for calculating BSE indices in connection with item 17 of Appendix No. 4 (Methodology for calculating BG TR30), the Board of Directors excludes the following five issues of shares from the basis of the BG TR30 index: HNVK Holding Nov Vek AD, HSI Sila Holding AD, HSOF Holding Sveta Sofia AD-Sofia, NEOH Neohim AD-Dimitrovgrad, i TBS Telelink Business Services Group AD-Sofia; and adds the following five share issues to the base of the BG TR30 index: FIB TB First Investment Bank AD-Sofia, TXIM TB Texim Bank AD-Sofia, SFB Sopharma Buildings REIT, CCB TB Central Cooperative Bank AD, i HLEV Golden Lev Holding AD V. Revision based on the beamX index Pursuant to Art. 15, item 4 of the Rules for calculating BSE indices in connection with item 20 of the Rules for calculating the index of companies on the beam (beamX) market, the Board of Directors excludes the following issue of shares from the base of the beamX index: BEE BEE Smart Technologies AD-Sofia; and adds the following issue of shares to the base of the beamX index: ITF ITF Group AD-Sofia. Decisions to change the base of the BGBX 40, BG REIT, BG TR30 and beamX indices will come into force as of March 18, 2024.
Source: BSE (08.03.2024)

The following decisions were taken at a meeting of the Indices Commission of BSE AD under Protocol No. 2 dated 07.03.2024: I. In connection with item 12 of Appendix No. 1 (Methodology for calculating SOFIX) to the Rules for calculating indices of the Bulgarian Stock Exchange, the Indices Commission determines the following free-float coefficients for the issues included in the SOFIX base, which will enter into force as of 18.03.2024: Stock code Issuer Free-float coefficient AGH Agria Group Holding AD-Varna 0.2135 ATER Advance Terafund REIT-Sofia 0.6104 BSE Bulgarian Stock Exchange AD-Sofia 0.4995 DUH Trust United Holding AD 0.5931 EUBG Eurohold Bulgaria AD 0.4506 EAC Elana Agrocredit AD-Sofia 0.6626 MSH M+C hydraulic AD-Kazanlak 0.2295 SGH Sirma Group Holding AD-Sofia 0.5415 SFA Sopharma AD-Sofia 0.2860 FIB TB First Investment Bank AD-Sofia 0.1107 CCB TB Central Cooperative Bank AD 0.1666 BREF Real Estate Fund Bulgaria REIT-Sofia 0.7428 CHIM Chemimport AD-Sofia 0.2149 HVAR Holding Varna AD 0.3122 SLYG Shelley Group AD 0.3148 The free-float emissions data from SOFIX is a median value for the period from 02.12.2023 to 01.03.2024. II. In relation to item 11 of Appendix No. 2 (Methodology for calculating BGBX40) to the Rules for calculating indices of the Bulgarian Stock Exchange, the Indices Commission determines the following coefficients for free-float issues included in the base of BGBX 40, which will enter into force as of 18.03.2024: Stock code Issuer Free-float coefficient AGH Agria Group Holding AD-Varna 0.2135 ATER Advance Terafund REIT-Sofia 0.6104 ALB Albena AD-k.c. Albena 0.2993 ALCM Alcomet AD-Shumen 0.0990 BNR Bianor Holding AD-Sofia 0.3225 BBRD Billboard AD-Sofia 0.3544 BSP Balkan & Sea Properties REIT-Varna 0.3952 BSE Bulgarian Stock Exchange AD-Sofia 0.4995 VAM Velgraf Asset Management AD-Sofia 0.3826 GR6 Gradus AD-Stara Zagora 0.1788 DUH Trust United Holding AD 0.5931 EUBG Eurohold Bulgaria AD 0.4506 EAC Elana Agrocredit AD-Sofia 0.6626 EMKA EMKA AD-Sevlievo 0.2268 HLEV Golden Lev Holding AD 0.3632 ZHBG Cereals Bulgaria AD-Sofia 0.2001 11C Eleven Capital AD-Sofia 0.5466 GTH Investment Company Galata AD-Varna 0.4860 KBG Corrado-Bulgaria AD-Strazitsa 0.1785 MSH M+C hydraulic AD-Kazanlak 0.2295 MONB Monbat AD 0.1732 NEOH Neohim AD-Dimitrovgrad 0.3139 PET Petrol AD 0.0559 SNRG Synergon Holding AD-Sofia 0.4322 SGH Sirma Group Holding AD-Sofia 0.5415 SFA Sopharma AD-Sofia 0.2860 SFB Sopharma Buildings REIT 0.2713 SFT Sopharma Trading AD-Sofia 0.1232 SCOM Sofia Commerce-Pawnshops AD-Sofia 0.3385 SPH Stara planina hold AD-Sofia 0.5935 FIB TB First Investment Bank AD-Sofia 0.1107 TXIM TB Texim Bank AD-Sofia 0.4254 CCB TB Central Cooperative Bank AD 0.1666 TBS Telelink Business Services Group AD-Sofia 0.1304 TIB Telematic Interactive Bulgaria AD-Sofia 0.0746 BREF Real Estate Fund Bulgaria REIT-Sofia 0.7428 HES Hydraulic elements and systems /HES/ AD-Yambol 0.2029 CHIM Chemimport AD-Sofia 0.2149 HVAR Holding Varna AD 0.3122 SLYG Shelley Group AD 0.3148 Free-float emission data from BGBX40 is a median value for the period from 02.12.2023 to 01.03.2024.
Source: BSE (08.03.2024)

Neochim AD-Dimitrovgrad (NEOH) Neochim AD informs the public that the ammonia plant resumed production on 14 March 2024.
Source: BSE (15.03.2024)

Neochim AD-Dimitrovgrad (NEOH) Neochim AD notifies of an emergency stop as of 23 March 2024 of the nitric acid plant and the technologically dependant ammonium nitrate plant.
Source: BSE (26.03.2024)

Neohim AD-Dimitrovgrad (NEOH) Neochim AD-Dimitrovgrad publishes the Annual financial report for the activities of a public company and issuer of securities - ESEF format as of 12-31-2023.
Source: BSE (27.03.2024)

Neochim AD-Dimitrovgrad (NEOH) Neochim AD notifies that as of 27 March 2024, the nitric acid plant and the ammonium nitrate plant resumed functioning.
Source: BSE (28.03.2024)

In relation to the requirements of Delegated Regulation (EU) 2017/588 of the Commission of 14 July 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards in relation to regimes for quotation steps for shares, depositary receipts and exchange-traded funds, regarding the applicable quotation steps for each liquidity band for the financial instrument issues admitted to trading on the Bulgarian Stock Exchange AD, we inform you of the following: With effect from 04/02/2024, the applicable liquidity range for the following instruments admitted to trading on the BSE Main Market is amended: Market ISIN Code Exchange Code Issuer New LB Segment shares, Standard BG11NEDIAT11 NEOH Neohim AD-Dimitrovgrad LB01 Shares segment, Premium BG1100016978 BSE Bulgarian Stock Exchange AD-Sofia LB01 Shares segment, Premium BG1100046066 CHIM Chimimport AD-Sofia LB01
Source: BSE (29.03.2024)

Neohim AD (NEOH) Neochim AD presented a quarterly report for the First Quarter of 2024.
Source: BSE (29.04.2024)

Neohim AD (NEOH) Neochim AD publishes the Annual Consolidated Financial Report for the activities of a public company and issuer of securities - ESEF format as of 12-31-2023.
Source: BSE (29.04.2024)

Neohim AD (NEOH) Neohim AD (NEOH) regularly convenes the General Meeting of Shareholders on 21.06.2024 at 12.00 in the city of Dimitrovgrad, 3 Khimkombinatska St., with the following agenda: - Reports of the management bodies on the company's activities in 2023 (individual and consolidated); - Adoption of the company's annual financial statements for 2023 (individual and consolidated); - Reports of the registered auditor for 2023; - Report of the Audit Committee for 2023; - Report of the Director of Investor Relations for 2023; - Acceptance of a report on the implementation of the Policy on the remuneration of the members of the governing bodies; - Release of the members of the governing bodies from responsibility for their activities in 2023; - Election of a registered auditor for 2024; - Decision on distribution of financial result. Draft decision: The loss for 2023 in the amount of BGN 35,301,486.93 should be covered by the funds in the Additional Reserves fund; - Approval of the Reasoned Report of the Management Board under Art. 114a, para. 1 and Art. 114a, para. 6 of the Civil Code on the conditions and expediency of a transaction under Art. 114, para. 1 of the Civil Code - distribution contract between Neochim AD - Seller and Euro Fert AD – Distributor, under conditions described in detail in the appendices to the materials for the OSA motivated report; - Approval of the Reasoned Report of the Management Board in the sense of Art. 114a, para. 1 and Art. 114a, para. 6 of the Civil Code on the conditions and expediency of a transaction under Art. 114, para. 1 of the Civil Code - asset acquisition transaction between Neochim AD - Buyer and Asenova Krepost AD - Seller under a framework contract for sale, under conditions detailed in the appendices to the materials for the OCA motivated report. - In the absence of a quorum, the meeting will be held on 08.07.2024 at 12.00 at the same place and with the same agenda. The right to vote in the General Meeting of Shareholders is exercised by the persons registered as such with the right to vote in the central register of securities 14 days before the date of the General Meeting of Shareholders, or as of 06.07.2024. The last date for concluding transactions with shares of this company on the Stock Exchange, as a result of which the acquirer will be able to exercise the right to vote in the General Meeting of Shareholders, is 06.05.2024.
Source: BSE (09.05.2024)

"Neochim" AD and the second largest shareholder in the company (which owns 24.03% of the shares of "Neochim") - "Euro Fert" AD, will conclude a five-year contract for the distribution of products of the public ammonium nitrate company. According to an independent appraiser, the transaction is worth over BGN 648.3 million, with Euro Fert selling more than half of Neochim's ammonium nitrate production. A separate transaction with "Asenova Krepost" JSC - also for a period of five years, but from the date of conclusion of the contract, foresees that "Neochim" will buy various polymer packaging from the enterprise for over BGN 10.7 million, also according to an independent appraiser's estimate. Both transactions must be approved by the shareholders at the upcoming regular annual general meeting of "Neochim", which will take place on June 21 in Dimitrovgrad. The fertilizer producer will not pay a dividend to shareholders for 2023, although it has more than BGN 189.4 million in retained earnings from previous years. It is planned to use the reserves to cover the loss from 2023 in the amount of over BGN 35.3 million. The term of the contract is five years - from January 1, 2025 to December 31, 2029, and the document will be signed after it is voted by the shareholders. Engineering Service Sofia Ltd. has carried out an independent assessment of the market value of the transaction. According to the company, it is worth a little over BGN 648.3 million for the entire term of the contract, of which almost BGN 583.5 million is the value of the transaction, and over BGN 64.8 million are the distribution discounts. The data are based on the financial report of "Neochim" as of the end of 2023 at an assumed price of BGN 650 per ton and a discount rate for the purposes of the evaluation of 7.72%. The contract with "Asenova Fortress" is expected to be for a period of 5 years from the date of its conclusion, after approval from the shareholders. The contract covers five product groups – polypropylene and polyethylene woven bags, flexible woven containers, flexible polypropylene slings, polypropylene twine and polyethylene labels. Woven bags and flexible woven containers will be purpose-built for Neochim's needs. The independent appraiser of this transaction is the same - "Engineering Service Sofia", and it is estimated that its value is in the amount of BGN 10.728 million.
Source: investor.bg (10.05.2024)

Neohim AD (NEOH) Neochim AD presented a quarterly consolidated report for the First Quarter of 2024.
Source: BSE (30.05.2024)

The BSE Indices Committee adopted the following decisions under Record of Proceedings No. 8 at its session held on 03 June 2024: I. With reference to item 12 of Appendix No. 1 (SOFIX Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee adopted the following free-float factors of the issues comprising SOFIX in effect from 24 June 2024: BSE code Issuer Free-float factor AGH Agria Group Holding AD 0.2135 ATER Advance Terrafund REIT-Sofia 0.6104 BSE Bulgarian Stock Exchange AD 0.4995 DUH Doverie United Holding PLC 0.5954 EUBG Eurohold Bulgaria AD 0.4615 EAC Elana Agrocredit AD 0.6626 MSH M+S Hydraulic AD-Kazanlak 0.2295 SGH Sirma Group Holding AD 0.5988 SFA Sopharma AD 0.2785 FIB CB First Investment Bank AD 0.1107 CCB CB Central Cooperative Bank AD 0.1666 BREF Bulgarian Real Estate Fund REIT 0.7428 CHIM Chimimport AD 0.2154 HVAR Holding Varna AD 0.3191 SLYG Shelly Group AD 0.3104 The free-float data on the issues of SOFIX presented herein are the median values for the period 02 March - 01 June 2024. II. With reference to item 11 of Appendix No. 2 (BGBX 40 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee adopted the following free-float factors of the issues comprising BGBX 40 in effect from 24 June 2024: BSE code Issuer Free-float factor AGH Agria Group Holding AD 0.2135 ATER Advance Terrafund REIT-Sofia 0.6104 ALB Albena AD 0.2993 ALCM Alcomet AD-Shumen 0.0990 BNR Bianor Holding AD 0.3225 BBRD Billboard AD-Sofia 0.3544 BSP Balkan and Sea Properties REIT 0.4111 BSE Bulgarian Stock Exchange AD 0.4995 VAM Velgraf Asset Management AD-Sofia 0.3845 GR6 Gradus AD-Stara Zagora 0.1788 DUH Doverie United Holding PLC 0.5954 EUBG Eurohold Bulgaria AD 0.4615 EAC Elana Agrocredit AD 0.6626 EMKA EMKA AD-Sevlievo 0.2268 HLEV Zlaten Lev Holding AD 0.3539 ZHBG Zarneni Hrani Bulgaria AD-Sofia 0.2001 11C Eleven Capital AD-Sofia 0.5466 GTH Galata Investment Company AD 0.5394 KBG Korado Bulgaria AD 0.1785 MSH M+S Hydraulic AD-Kazanlak 0.2295 MONB Monbat AD 0.1732 NEOH Neochim AD 0.3139 PET Petrol AD 0.0570 SNRG Synergon Holding AD-Sofia 0.4322 SGH Sirma Group Holding AD 0.5988 SFA Sopharma AD 0.2785 SFB Sopharma Buildings REIT 0.2691 SFT Sopharma Trading AD-Sofia 0.1232 SCOM Sofia Commerce-Pawn Brokerage AD 0.3504 SPH Stara Planina Hold AD-Sofia 0.5935 FIB CB First Investment Bank AD 0.1107 TXIM CB Texim Bank AD-Sofia 0.4255 CCB CB Central Cooperative Bank AD 0.1666 TBS Telelink Business Services Group AD 0.1304 TIB Telematic Interactive Bulgaria AD-Sofia 0.0746 BREF Bulgarian Real Estate Fund REIT-Sofia 0.7428 HES Hydraulic Elements and Systems /HES/ AD-Yambol 0.2029 CHIM Chimimport AD 0.2154 HVAR Holding Varna AD 0.3191 SLYG Shelly Group AD 0.3104 The free-float data on the issues of BGBX 40 presented herein are the median values for the period 02 March - 01 June 2024.
Source: BSE (04.06.2024)

The shareholders of "Neokhim" have not approved the transactions with "EuroFert" and "Asenova krepost" The shareholders of "Neochim" JSC did not approve the transactions with "Euro Fert" JSC for the distribution of ammonium nitrite and with "Asenova Krepost" AD for polymer packaging at the regular annual general meeting held on June 21. EuroFert is the second largest shareholder in Neochim. The proposal called for the two companies to enter into a five-year contract for the distribution of ammonium nitrite. According to an independent appraiser, the deal is worth over BGN 648.3 million, with Euro Fert selling more than half of Neochim's ammonium nitrate production. The other deal provided for "Neochim" to buy various polymer packaging from "Asenova Fortress" for a period of 5 years and for a total value of about BGN 10.7 million. Related persons who would be interested did not participate in the voting of the transactions. Under the proposal, EuroFert would have acted as an independent trader, with current ammonium nitrite pricing, a distributor discount and advance payment for fertiliser. The deal with "Asenova Fortress" provided for "Neochim" to make specific inquiries and orders with required quantities and deadlines for production and delivery and a specific offer. Shareholders have also approved the fertilizer maker's loss for 2023 to be covered by reserves. Dividend for 2023 is not distributed.
Source: investor.bg (25.06.2024)

Neohim AD (NEOH) At the regular General Meeting of Shareholders of Neochim AD (NEOH) held on 21.06.2024, the following decisions were taken: - Accepts the reports of the management bodies on the company's activities in 2023 (individual and consolidated); - Accepts the company's annual financial statements for 2023 (individual and consolidated); - Accepts the reports of the registered auditor on the audit of the company's annual financial statements for 2023; - Accepts the report of the Audit Committee for 2023; - Adopts the report of the Director of Investor Relations for 2023; - Accepts the report on Implementation of the policy for the remuneration of the members of the management bodies; - Releases the members of the governing bodies from responsibility for their activities in 2023; - Election of a registered auditor for 2024; - The loss for 2023 in the amount of BGN 35,301,486.93 should be covered by the funds in the "Additional Reserves" fund. - Does not accept decisions on the items on the agenda related to approving a motivated report of the Management Board within the meaning of Art. 114a, para. 1 and Art. 114a, para. 6 of the LPA regarding the conditions and expediency of transactions under Art. 114, paragraph 1 of the Civil Procedure Code
Source: BSE (25.06.2024)

Neochim AD (NEOH) Neochim AD informs that on 25 June 2024, the ammonia production facilities were put out of operation for technical inspection and repairs.
Source: BSE (27.06.2024)

Neochim AD (NEOH) Neochim AD informs that some facilities will be taken out of operation on 05 July 2024 for a planned technical inspection and repairs.
Source: BSE (08.07.2024)

Neohim AD (NEOH) Neochim AD presented a quarterly report for the Second Quarter of 2024.
Source: BSE (30.07.2024)

Neochim AD (NEOH) Neochim AD informs that on 06 August 2024, the ammonia production facilities resumed operation.
Source: BSE (07.08.2024)

Neochim AD (NEOH) Neochim AD informs that on 07 August 2024, the nitric acid plant resumed operation.
Source: BSE (08.08.2024)

Neochim AD (NEOH) Neochim AD informs that on 08 August 2024, the ammonium nitrate production facilities resumed operation.
Source: BSE (12.08.2024)

Neohim AD (NEOH) Neochim AD presented a quarterly consolidated report for the Second Quarter of 2024.
Source: BSE (29.08.2024)

Neohim AD (NEOH) Neochim AD publishes a notification regarding a signed lease agreement with Euro Fert AD. The concluded transaction is with the participation of an interested person within the meaning of art. 114, para. 7, last proposal, item 3, in conjunction with item 1 of the LPA.
Source: BSE (30.09.2024)

Neochim AD (NEOH) Notification of a signed lease agreement with Euro Fert AD - a deal with the participation of an interested party under Art. 114 (7), item 3 in conjunction with item 1 of the POSA
Source: BSE (02.10.2024)

Neohim AD (NEOH) Neochim AD presented a quarterly report for the Third Quarter of 2024.
Source: BSE (28.10.2024)

Neochim AD (NEOH) Neochim AD appointed an extraordinary General Meeting of Shareholders on 05 December 2024 at 12:00 noon in Dimitrovgrad at 3 Himkombinatska St. under the following agenda: - Election of a registered auditor to verify the 2024 Sustainability Report of Neochim AD - Changes within the managing bodies of the company Draft resolution: Election of members of the Supervisory Board for a term of three (3) years - Determination of the remuneration to the members of the managing bodies - Determination of the guarantee for the management to the members of the managing bodies - Approval of a justification report of the Management Board under Art. 114a (1) of the POSA on the expedience and terms of a deal under Art. 114 (1) of the POSA, namely concluding a distribution contract with Euro Fert AD as distributor according to the terms laid down in the justification report enclosed in the EGM materials - Approval of a justification report of the Management Board under Art. 114a (1) of the POSA on the expedience and terms of a deal under Art. 114 (1) of the POSA, namely concluding an asset acquisition deal between Neochim AD as buyer and Asenova Krepost AD as seller under a framework sale agreement according to the terms laid down in the justification report enclosed in the EGM materials - In case of a lack of quorum, the EGM will be held on 07 January 2025 at 12:00 noon - same place and agenda. The voting right will be entitled to all shareholders registered with the central securities register fourteen (14) days before the EGM, i.e. by 21 November 2024 (Record Date). The final date for transacting shares of this company on the Exchange, for shareholders to be entitled to exercise their voting rights, will be 19 November 2024 (Ex Date: 20 November 2024).
Source: BSE (04.11.2024)

The chemical giant "Agropolychem" intends to indirectly acquire a stake in its major competitor on the fertilizer market in our country - "Neochim" through a transaction involving two seemingly unrelated companies - "Feboran" EOOD and "Reya Ventures" EAD. "Feboran" EOOD owns 20.30% of the shares of the fertilizer plant. Through him, the Austrian Borealis AG and First Energy Bank of Bahrain entered the Dimitrovgrad company with a stake. In 2017, the bank exited this investment. Last year, Borealis sold its nitrogen business to the Czech Republic's Agrofert. "Feboran" was also transferred to her. At that time, the announced intentions of the new owner were for a long-term commitment to the Bulgarian fertilizer business. On the other hand, "Reya Ventures" EAD is the sole owner of the capital "Agropolihim" AD based in Devnya.
Source: money.bg (08.11.2024)

Neohim AD (NEOH) Neochim AD presented an updated invitation and materials for an extraordinary general meeting on 05.12.2024. from 12.00 p.m. in the city Dimitrovgrad, str. Khimkombinatska 3, with the following agenda: - Selection and appointment of a registered auditor to express assurance regarding the Sustainability Report of Neochim AD for 2024; - Changes in the management bodies of the company. Draft decision: Election of members of the Supervisory Board for a term of 3 years; - Determining the amount of remuneration of the members of the governing bodies. - Determining the amount of the management guarantee for the members of the management bodies. - Approval of a motivated report of the Management Board in the sense of art. 114a, para. 1 of the LPA regarding the conditions and expediency of a transaction under Art. 114, para. 1 of the Civil Code - distribution agreement between Neochim AD - Seller and Euro Fert AD - Distributor, under conditions described in the motivated report; - Approval of a motivated report of the Management Board in the sense of art. 114a, para. 1 of the LPA regarding the conditions and expediency of a transaction under Art. 114, para. 1 of the Civil Procedure Code - asset acquisition transaction between Neochim AD - Buyer and Asenova Krepost AD - Seller under a framework contract for sale, under conditions described in the motivated report. - In the absence of a quorum, the meeting will be held on 07.01.2025. from 12.00 p.m. at the same place and on the same agenda. The right to vote at the General Meeting of Shareholders is exercised by the persons registered as such with the right to vote in the central register of securities 14 days before the date of the General Meeting of Shareholders, or as of 21.11.2024. The last date for concluding transactions with shares of this company on the Stock Exchange, as a result of which the acquirer will be able to exercise the right to vote in the General Meeting of Shareholders, is 19.11.2024. Èçïðàùàíå íà îòçèâè Ñòðàíè÷íè ïàíåëè Èñòîðèÿ Çàïàçåíè
Source: BSE (27.11.2024)

At the upcoming General Meeting of the company for the production and trade of mineral fertilizers, inorganic and organic chemical products "Neochim" AD, which will be held on December 5 in Dimitrovgrad, the shareholders will elect new members of the Supervisory Board of "Neochim" AD for a term of three years. The shareholder "Eco Tech" AD proposes that Margarita Georgieva Dimitrova, Tosho Ivanov Dimov, Dimcho Staykov Georgiev, "Zarneni Hrani Bulgaria" AD with a representative on the board Nikola Peev Mishev, and Rositsa Vasileva Gargova join the supervisory board. The General Meeting will discuss two contracts. The first is for the distribution of ammonium nitrate, EC fertilizer between "Neochim" AD - producer and seller, and "Euro Fert" AD - distributor, which will buy for the purpose of resale to third parties. The document will be valid for five years, starting from January 1, 2025, with the possibility of automatic extension. The second deal is for the acquisition of assets between Neochim - the buyer, and Asenova Krepost - the seller, under a framework agreement for the sale of periodic deliveries of polymer packaging with a term of five years, starting from the date of signing. Neochim's shares are traded on the Bulgarian Stock Exchange. Since the beginning of the year, their prices have been going up, with deals currently being concluded at 28.40 leva per share.
Source: investor.bg (27.11.2024)

Neohim AD (NEOH) Neochim AD presented an updated invitation and materials for an extraordinary general meeting on 05.12.2024. from 12.00 p.m. in the city Dimitrovgrad, str. Khimkombinatska 3, with the following agenda: - Selection and appointment of a registered auditor to express assurance regarding the Sustainability Report of Neochim AD for 2024; - Changes in the management bodies of the company. Draft decision: Election of members of the Supervisory Board for a term of 3 years; - Determining the amount of remuneration of the members of the governing bodies. - Determining the amount of the management guarantee for the members of the management bodies. - Approval of a motivated report of the Management Board in the sense of art. 114a, para. 1 of the LPA regarding the conditions and expediency of a transaction under Art. 114, para. 1 of the Civil Code - distribution agreement between Neochim AD - Seller and Euro Fert AD - Distributor, under conditions described in the motivated report; - Approval of a motivated report of the Management Board in the sense of art. 114a, para. 1 of the LPA regarding the conditions and expediency of a transaction under Art. 114, para. 1 of the Civil Procedure Code - asset acquisition transaction between Neochim AD - Buyer and Asenova Krepost AD - Seller under a framework contract for sale, under conditions described in the motivated report. - In the absence of a quorum, the meeting will be held on 07.01.2025. from 12.00 p.m. at the same place and on the same agenda. The right to vote at the General Meeting of Shareholders is exercised by the persons registered as such with the right to vote in the central register of securities 14 days before the date of the General Meeting of Shareholders, or as of 21.11.2024. The last date for concluding transactions with shares of this company on the Stock Exchange, as a result of which the acquirer will be able to exercise the right to vote in the General Meeting of Shareholders, is 19.11.2024. Èçïðàùàíå íà îòçèâè Ñòðàíè÷íè ïàíåëè Èñòîðèÿ Çàïàçåíè
Source: BSE (27.11.2024)

Neochim AD (NEOH) Neochim AD presented quarterly consolidated report for the Third Quarter of 2024.
Source: BSE (29.11.2024)

At a meeting of the Committee on Indices at the BSE AD under Protocol No. 13 of 02.12.2024, the following decisions were made: I. In connection with item 12 of Appendix No. 1 (Methodology for calculating SOFIX) to the Rules for calculating indices of the Bulgarian Stock Exchange, the Indices Commission determines the following free-float coefficients for the issues included in the SOFIX base, which will come into force as of 23.12.2024: Stock code Issuer Free-float coefficient AGH Agria Group Holding AD 0.2135 ATER Advance Terrafund REIT 0.6102 BSE Bulgarian Stock Exchange AD 0.4995 DUH Trust United Holding AD 0.6016 EUBG Eurohold Bulgaria AD 0.4956 EAC Elana Agrocredit AD 0.6650 SGH Sirma Group Holding AD 0.5988 SFA Sopharma AD 0.2730 SFT Sopharma Trading AD 0.1196 FIB TB First Investment Bank AD 0.1107 CCB TB Central Cooperative Bank AD 0.1666 BREF Real Estate Fund Bulgaria REIT 0.7428 CHIM Chimimport AD 0.2159 HVAR Holding Varna AD 0.3184 SLYG Shelley Group AD 0.3048 Free-float emissions data from SOFIX is a median value for the period from 09/02/2024 to 12/01/2024. II. In connection with item 11 of Appendix No. 2 (Methodology for calculating BGBX40) to the Rules for calculating indices of the Bulgarian Stock Exchange, the Indices Commission determines the following coefficients for free-float of the issues included in the base of BGBX 40, which will enter into force, from 23.12.2024: Stock code Issuer Free-float coefficient AGH Agria Group Holding AD 0.2135 ATER Advance Terrafund REIT 0.6102 ALB Albena AD 0.2993 ALCM Alcomet AD 0.0990 BNR Bianor Holding AD 0.3285 BSE Bulgarian Stock Exchange AD 0.4995 VAM Velgraf Asset Management AD 0.3835 GR6 Grade AD 0.1788 DUH Trust United Holding AD 0.6016 EUBG Eurohold Bulgaria AD 0.4956 EAC Elana Agrocredit AD 0.6650 EMKA AD 0.2268 ZHBG Cereals Bulgaria AD 0.2001 11C Eleven Capital AD 0.5466 GTH Investment Company Galata AD 0.5369 IHB Industrial Holding Bulgaria AD 0.2174 KBG Corrado-Bulgaria AD 0.1785 MSH M+C hydraulic AD 0.2295 MONB Monbat AD 0.1724 NEOH Neohim AD 0.3139 PET Petrol AD ??0.0570 SNRG Synergon Holding AD 0.4204 SGH Sirma Group Holding AD 0.5988 SO Smart organic AD 0.1485 SFA Sopharma AD 0.2730 SFB Sopharma Buildings REIT 0.2695 SFT Sopharma Trading AD 0.1196 SCOM Sofia commerce-pawn houses AD 0.3381 SPDY Speedy AD 0.1010 SPH Stara Planina Hold AD 0.5935 FIB TB First Investment Bank AD 0.1107 CCB TB Central Cooperative Bank AD 0.1666 TBS Telelink Business Services Group AD 0.1304 TIB Telematic Interactive Bulgaria AD 0.0756 T57 Trace Group Hold AD 0.1877 BREF Real Estate Fund Bulgaria REIT 0.7428 HES Hydraulic elements and systems /HES/ AD 0.2029 CHIM Chimimport AD 0.2159 HVAR Holding Varna AD 0.3184 SLYG Shelley Group AD 0.3048 Free-float emission data from BGBX40 is a median value for the period from 09/02/2024 to 12/01/2024.
Source: BSE (03.12.2024)

Neochim AD (NEOH) Neochim AD publishes a notification pursuant to Art. 114a, para. 9, in connection with Art. 114, para. 7 of the Public Offering of Securities Act for a transaction involving an interested party.
Source: BSE (09.12.2024)

The deals for the distribution of fertilizer plant products from Euro Fert AD and for the purchase of polymer packaging from Asenova Krepost AD were again rejected by the shareholders of Neochim at the extraordinary general meeting held on December 5, 2024. The two deals were previously proposed, discussed and rejected at the regular annual general meeting of shareholders, which was held at the end of June 2024. According to representatives of shareholders in Neochim, the discounts set in the contract with Euro Fert are large, and last year Neochim recorded a loss and the distribution deal would not have been appropriate for the company. Currently, the company is implementing two contracts for the distribution of products - with Euro Fert and Borealis L.A.T. Euro Fert is the second largest shareholder in Neochim. An objection to the distribution deal was raised during the meeting by the representative of "Reya Ventures" EAD Dimitar Petrov Leksin. "Reya Ventures" is a subsidiary of "Agropolychim", which is in the process of acquiring 100% of the capital of "Feboran" - a company of the Czech Agrofert, which holds 20.3% of the shares of "Neochim". Leksin, as well as Philip Rombout from "Agropolychim", point out that the discounts set for "Euro Fert" are larger than usual, and the reasoned report of the management of "Neochim" does not take into account the market risk. Rombout emphasizes that the discount under the current contract with "Euro Fert" is also higher, and that it is not normal to have only one distributor of the company's products. According to Vladislav Panev, also a shareholder in the company, "Neochim" has lost about 18 million because of the current discount alone. leva in sales revenue, recalling that it ended 2023 at a loss. According to him, the distribution deal with Euro Fert is inappropriate. When voting on the deal, the shares "for" were 959,410, and "against" - 639,638, but a three-quarters majority is required for approval. Therefore, the deal is rejected. A similar scenario is played out when voting on the deal with Asenova Krepost for polymer packaging, for which, however, no discussions were held, according to the minutes. The shareholders of Neochim have also elected a new supervisory board. Three proposals were voted on - the company's, the shareholder Eco Tech AD and Feboran's. The proposal of "Eco Tech" for a supervisory board consisting of Margarita Georgieva Dimitrova, Tosho Ivanov Dimov, Dimcho Staykov Georgiev, "Zarneni Hrani Bulgaria" with representative Nikola Peev Mishev and Antonia Zaharieva Zhelyazkova was accepted. The shareholders also voted for the company "Grand Thornton" OOD to audit the company's sustainability report for 2024. "Neochim" is required to prepare such a report in accordance with the requirements of European legislation. In the last year, the shares of "Neochim" have increased in price by over 4%, and the market capitalization amounts to just over 69 million leva.
Source: investor.bg (11.12.2024)

Neochim AD (NEOH) Neochim AD informs that on 16 December 2024, the ammonia production facilities were put out of operation for technical inspection and repairs.
Source: BSE (17.12.2024)

Neochim AD (NEOH) Notification under Art. 114a (9) in conjunction with Art. 114 (7) of the POSA of a concluded agreement with an interested party
Source: BSE (20.12.2024)

The deal of Agropolychim AD for over 20% of the shares of Neochim will go through without the intervention of the competition regulator. The Commission for Protection of Competition (CPC) has ruled that the transaction does not fall within its scope, since the turnovers of the participants in the concentration are below the statutory thresholds for which the Commission's opinion is requested. However, Neochim and the two other companies - leading shareholders in the company - Euro Fert AD and Eco Tech AD, are not thrilled with the deal. According to the company, the deal is an attempt to circumvent the law and conceal the actual concentration, leading to a change in control on a long-term basis over the company. Agropolychim has established a subsidiary in August 2024 - Rhea Ventures EAD, which buys 100% of the shares in the capital of the Bulgarian company Feboran EOOD. Feboran is in the group of top 3 shareholders in Neochim. Feboran is a company that the Czech Agrofert group of former Prime Minister Andrej Babis acquired in 2023 from the Borealis group, which exited Neochim and other non-strategic activities to focus on its core business. Feboran's main activity is investment and is related to its share in Neochim. Feboran owns 20.3% of Neochim's shares. According to Neochim, the deal conceals a hidden concentration to the detriment of the law. The concentration covers not only the shares owned by Feboran EOOD, but also another 3.71%, which Rhea Ventures acquired independently in the period October 17-22, 2024, i.e. Agropolichim's control is indirectly over 24.02% of Neochim's capital. This practically equalizes the forces of Agropolychim with the other main shareholders - Euro Fert AD (24.03%) and Eco Tech AD (24.28%). For the second time, the minority shareholders reject a proposal by the management of Neochim to conclude a distribution agreement with Euro Fert, the main shareholder in the company, due to the excessively large discounts provided. The agreement is for 5 years with an option to be extended for another 2. The company is currently implementing two agreements for the distribution of products - with Euro Fert and Borealis L.A.T. The deal was discussed by the shareholders at an extraordinary general meeting of Neochim, which was held on December 5, 2024. For the first time, the deal was discussed and rejected by the shareholders at the regular general meeting, which was held at the end of June 2024, after it did not collect the required majority of three quarters of the shares. Representatives of Rhea Ventures and Agropolychim attended the extraordinary general meeting in early December, according to the minutes of the meeting, and they categorically opposed the deal in its current terms. This means that it cannot pass the general meeting unless it is adjusted with discounts on the price of fertilizers for distribution that are acceptable to shareholders and the conclusion of other contracts with more distributors. Neochim reported weaker sales and a loss for the third quarter of 2024, according to the company's individual financial report. The company generated sales of under BGN 53.4 million in the third quarter of 2024 compared to over BGN 74.6 million in the second quarter, which represents a nearly 28.5% year-on-year decline. The decline is not surprising, because the season is not the most active for the company, which was in maintenance from late June to early August. For the entire nine months of 2024, the company's sales amounted to nearly 183.8 million leva compared to over 222.3 million leva for the nine months of 2023, which is 17.3% less on an annual basis. Expenses for the nine months were 185.3 million leva compared to 245.4 million leva for the nine months of 2023, or decreased by 24.5% on an annual basis. The company realized a loss of almost 1.3 million leva as of the end of September 2024, compared to a profit of nearly 2.8 million leva as of the end of June 2024 and a loss of over 23 million leva as of the end of September 2023. On an annual basis, the loss decreased by over 94%. In the last year, Neochim's shares have increased in price by over 4%, and the market capitalization has reached just over 69 million leva.
Source: investor.bg (24.12.2024)

Neochim AD (NEOH) Notification under Art. 114a (9) of the POSA of a concluded insurance agreement
Source: BSE (27.12.2024)