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Investor information

  

 

I. Information pursuant to Delegated Regulation (ЕU) 2017/576 of the European Securities and Markets Authority (ESMA)


Pursuant to Delegated Regulation (EU) 2017/576, the European Securities and Markets Authority (ESMA) requires the annual publication by investment firms of information on the identity of execution venues and on the quality of execution. It is essential to enable the investors to evaluate the quality of an investment firm's execution practices and to identify the top five execution venues in terms of trading volumes where investment firms executed client orders in the preceding year. The aim is to increase the transparency associated with executing client orders at different venues.

 

According to Delegated Regulation (EU) 2017/576, Texim Bank AD publishes a summary analysis of its top five execution venues in terms of trading volumes for all executed client orders (retail and professional clients) and the first five investment firms which are given execution orders depending on the class of financial instruments. The report and analysis cover the period from 1 January to 31 December 2017. Both documents can be downloaded through the website of Texim Bank AD.

 

 


II. Investor information

 

On January 16, 2013, in the Commercial Registry of the Registry Agency an increase in the capital of Texim Bank from BGN 10 000 000 to BGN 27 995 306 was entered by issuing 17 995 036 dematerialized voting shares (one share, one vote) at a par value of BGN 1 (one) each. The increase in the capital of the Bank was realized by a Prospectus for Public Offering of Shares as a result of which Texim Bank acquired the status of a public company. The acquisition of a public status is a part of the strategy for further development of the Bank towards ensuring full transparency in its activities and management as well as providing access to the company's shares to a wide range of investors.

 

The Management of Texim Bank assures its 4 000 present, as well as future shareholders that our approach to the public activity of the company is extremely responsible. The Management of the Bank, in compliance with the legal and regulatory framework, is committed to observing the good corporate practices and the Ethical Conduct Code and intends to manage the activities of Texim Bank in conformity with the National Code for Corporate Governance approved by the Bulgarian Stock Exchange - Sofia and according to the European frameworks and the internationally approved standards for corporate governance.

 

At the meeting of the Board of Directors of the Bulgarian Stock Exchange - Sofia held on 11/02/2013 it was decided to allow trading of the shares issued by Texim Bank on the Main market of the Bulgarian Stock Exchange, Standard Equities Segment, organized by the Bulgarian Stock Exchange - Sofia AD. The total number of shares from an issue with ISIN code BG 1100001921 ordinary, registered, dematerialized shares issued by Texim Bank AD at a par value of BGN 1 (one) each and granting entitlement to one voting right in the General Meeting of the shareholders of the public company is 27 995 036.