September,
2008
Increse of "WATTS ZARYA LIMITED" AD capital was registered
On 10.09.2008 an increase of “WATTS ZARYA LIMITED” AD capital from BGN 50 000 to BGN 250 000 was registered in the Commercial Register of the Register Agency.
“BALKANCAR ZARYA” PLC participated in the increase with a cash contribution of BGN 100 000, against which acquired 100 000 new shares of the capital of “WATTS ZARYA LIMITED” AD.
After the increase the participation of «BALKANCAR ZARYA» PLC in «WATTS ZARYA LIMITED» AD is reserved to the extent of 50%. The remaining 50% of the capital of «WATTS ZARYA LIMITED» AD (125 000 shares) are owned by «WATTS INDUSTRIAL TYRES» Co. – U.K., which also participated in the increase with a cash contribution of BGN 100 000.
Balkancar ZARYA Plc. (BSE-SOFIA: ZARYA)
is the single Bulgarian company specialized in steel wheels
and rims manufacturing. The Company is recognized as a leading
international manufacturer and supplier of a wide range
of industrial wheels to the original manufacturers of fork-lift
trucks and tyre producers as well as supplier of original
wheel parts for the aftermarket. Balkancar ZARYA news and
information are available at http://www.balkancarzarya.com.
ZARYA, ZARJA, ÇÀÐß, Balkancar ZARYA, Moving forward and
the Balkancar ZARYA logo are registered trademarks or trademarks
of Balkancar ZARYA Plc. and/or its affiliates in the Republic
of Bulgaria and certain other countries. All other trademarks
mentioned in this document are the property of their respective
owners. The use of the word partner does not imply a partnership
relationship between Balkancar ZARYA and any other company.
This document is Balkancar ZARYA information to the public.
For further information, please contact: Mr. P. Penchev Investor Relations
Balkancar ZARYA Plc
tel.: +359 610.52501 ext.111 [email protected]