In December 2014 Industrial Holding Bulgaria PLC has not carried out transactions in relation with the decision for share buyback. The total number of own shares the Company has bought back in 2014 as at 31 December 2014 is 6 125 shares (0,009 %) at the weighted average price per share BGN 0.840. The total number of own shares the Company possesses as at 31 December 2014 is 973 266 shares (1,43 %).
Source: Company information (08.01.2015)

Industrial Holding Bulgaria (IHB) said it had raised its stake in its subsidiary company Odessos PBM to 90%. Industrial Holding Bulgaria acquired 1,584,000 ordinary voting shares from Odessos Shiprepair Yard, with a nominal value of BGN 1 each, representing 30% of the capital of Odessos PBM, IHB said. As a result of the deal, Odessos Shiprepair Yard exited Odessos PBM. IHB was set up in 1996 as a privatisation fund under Bulgaria's voucher privatisation programme. It was transformed into a holding structure in 1998. Its investment portfolio, which includes stakes in more than 20 companies, is focused on shipbuilding and machine construction.
Source: Company information (14.01.2015)

Industrial Holding Bulgaria PLC on the grounds of Art.92, para 2 of the Law on Public Offering of Securities notifies the investors about the beginning of the initial public offering of 500,000 dematerialized, interest-bearing, convertible, freely transferable, unsecured bonds with par value of BGN 100 each and total issue value BGN 50,000,000. The issue is issued on the ground of the decision adopted by the General Meeting of Shareholders of Industrial Holding Bulgaria PLC on 04.12.2014 and approved by the General Meeting of Bondholders holding convertible bonds from a previous issue of convertible bonds held on 04.12.2014. With a decision N 106-Å/18.02.2015 the Financial Supervision Commission has approved the Prospectus for public offering of the bonds of the present issue.
Source: Company information (26.02.2015)

IHB filed with the Financial Supervision Commission, BSE-Sofia and the public its Report for compliance with the conditions of the bonds loan issue corporate convertible bonds ISIN BG2100006134 as at 31.12.2014.
Source: Company information (04.03.2015)

IR Release: Announcement about the results of the procedure for conversion of convertible bonds issued by Industrial Holding Bulgaria issue with ISIN code BG2100006134 into shares 06 April 2015 | 16:04 The Management Board of Industrial Holding Bulgaria AD informs about the results of the procedure for allowing holders of convertible bonds issued by Industrial Holding Bulgaria issue with ISIN code BG2100006134, to convert their bonds into shares as follows: •Completion date for submission of applications for conversion of the bonds - 03.04.2015 ã.; •Number bondholders expressed their wish to convert bonds into shares – 9 /nine/. •Total number of bonds for conversion into shares – 94 221 /ninety four thousand two hundred twenty one/ with a nominal value of BGN 100 /one hundred/ each; •Total number of shares subscribed for convertible bonds - 9 422 100 /nine million four hundred and twenty two thousand one hundred/; •The issuer and the investment intermediary have not encountered difficulties; there were no disputes in converting bonds and subscription for shares. On the grounds of article 12 of the Statute of the Company in connection with article 113, para. 2 pt. 2 of the Law on Public Offering of Securities the capital "Industrial Holding Bulgaria" increased from with BGN 9 422 100 /nine million four hundred and twenty two thousand one hundred/ from BGN 67,978,543 / sixty-seven million nine hundred seventy-eight thousand five hundred forty-three/ to BGN 77 400 643 /seventy seven million four hundred thousand six hundred forty three/. The capital is increased by issuing of 9 422 100 /nine million four hundred and twenty two thousand one hundred/ new ordinary registered voting shares due to the conversion of 94 221 /ninety four thousand two hundred twenty one/ registered dematerialized convertible bonds ISIN code BG2100006134 with nominal value of BGN 100 /one hundred/ each into 9 422 100 /nine million four hundred and twenty two thousand one hundred/ ordinary registered voting shares with a nominal value of BGN 1 /one/ each. As a result of the committed capital increase the capital of the company is 77 400 643 /seventy seven million four hundred thousand six hundred forty three / leva divided into 77 400 643 /seventy seven million four hundred thousand six hundred forty three/ dematerialized voting shares with a nominal value of BGN 1 /one/. As a result, the Company's Statute is updated as follows: "Article 6 Capital of the Company is BGN 77 400 643 /seventy seven million four hundred thousand six hundred forty three/. Article 7 /1/ The capital of the Company is divided into 77 400 643 /seventy seven million four hundred thousand six hundred forty three/ dematerialized voting shares with a nominal value of BGN 1 /one/. " With the decision dated 06.04.2015, the Managing board of "Industrial Holding Bulgaria" authorises the CEOs to take the necessary action, in connection with the procedure of converting bonds into shares, in the Registry Agency, Central Depository, the Financial Supervision Commission and Bulgarian Stock Exchange.
Source: Company information (06.04.2015)

IR Release Forthcoming payment of principal and interest on convertible bonds ISIN BG2100006134, BSE code: 4IDÅ On 18 April 2015 the last interest payment and the payment of the principal of the issue convertible bonds issued by Industrial Holding Bulgaria PLC, ISIN code: BG2100006134 and BSE code: 4IDÅ will be made. The right on interest payment will be entitled to all bondholders registered with the Central Depository as of 09.04.2015 (Record Date). The right on payment of principal will be entitled to all bondholders registered with the Central Depository as of 09.04.2015 (Record Date) who have not exercised their right to convert the bonds they hold in the corresponding number of shares of IHB during the period for submission of applications for conversion, which expired on 04.03.2015. The interest rate is 6.5 % annually.
Source: Company information (08.04.2015)

The Management Board of Industrial Holding Bulgaria PLC informs about the results of the closure of the initial public offering of convertible bonds of Industrial Holding Bulgaria PLC, on the base of a Prospect for public offering, approved with a decision of FSC 106-Å/18.02.2015 ã. and 127-Å/25.02.2015 ã. as follows: The public offering of convertible bonds of Industrial Holding Bulgaria PLC closed successfully with the following results: • Closing date of the public offering – 09.04.2015; • Total number issued rights – 67 978 543; • Total number of convertible bonds offered for subscription – 500 000; • Number of subscribed and paid convertible bonds – 499 996; • Amount received from the subscribed and paid convertible bonds in the special account in Allianz Bank Bulgaria AD – BGN 49 999 600.00; • Expenses in relation with the public offering – commissions, remuneration and other expenses, including the fees paid to the FSC – BGN 52 100. The issuer and the investment intermediary for the offering did not meet any difficulties, there were no disputes and other of the kind during the trading of rights and subscription of shares.
Source: Company information (15.04.2015)

Industrial Holding Bulgaria has successfully raised BGN 50 million on the bond market. Almost the entire bond issue was subscribed on the day of the initial public offering. The corporate bond is convertible, meaning that it could be paid out in shares of the company when its maturity date comes, thus transforming company bondholders into company shareholders. Main Capital is the leading manager of Industrial Holding Bulgaria’s bond issue, while subscription accounts are kept with Allianz Bank. Costs on the public offering are assessed at BGN 52 100. The term of the bonds is three years, while their annual interest is 5%.
Source: Capital (16.04.2015)

With decision ¹ 20150416111903 from 16.04.2015 ã. the Registration Agency registered in the Trade Register changes in the circumstances about Industrial Holding Bulgaria PLC as follows: 1. Increase of the capital of Industrial Holding Bulgaria PLC from BGN 67 978 543 to BGN 77 400 643 by the issue of new 9 422 100 ordinary, dematerialized, registered, freely transferable shares giving right for 1 vote in the General Meeting of Shareholders, with nominal value BGN 1 each, issued due to the conversion of 94 221 registered dematerialized convertible bonds ISIN code BG2100006134 into shares. 2. Changes in the Statute regarding the change in capital and the number of shares.
Source: Company information (17.04.2015)

With the present we inform you that the with decision from 20.04.2015 the Trade Register published announcement for opening of debenture loan and invitation to the First General Meeting of Bondholders for issue of convertible bonds ISIN code BG2100003156 issued by Industrial Holding Bulgaria With a decision 20150420134708 from 20.04.2015 the Trade Registry published announcement for opening of debenture loan and invitation to the First General Meeting of Bondholders of issue of convertible bonds ISIN code BG2100003156 issued by Industrial Holding Bulgaria: On the grounds of Art. 206, para 6 of the Commerce Act, the Managing Board of Industrial Holding Bulgaria ID:121631219, with its seat in Sofia, Bulgaria and address of management at 42 Damyan Gruev Blvd, Sofia 1000, registered in Sofia City Court ¹ 13081/1996 announced opening of a debenture loan by issuing of convertible bonds ISIN code BG2100003156 with the following parameters: • Total nominal value (bond issue amount) - BGN 49 999 600 (forty nine million nine hundred ninety nine thousand six hundred), distributed in 499 996 four hundred ninety nine thousand nine hundred ninety six) dematerialized interest-bearing convertible freely transferable unsecured bonds of par value BGN 100 (one hundred) each; • Term (maturity) of the bond issue: 3 /two/ years (36 months) as of the issue date; • Date from which the maturity term is counted - 10.04.2013; • Interest - 5 % (five percent) on an annual basis; • Period of interest payment: 6 months; • Conversion rate: 100, which defines conversion price of BGN 1.00 (one); • Conversion: on the due date of the issue; • Payment dates: for the principal - single, on the due date; for interest payments: 10.10.2015, 10.04.2016, 10.10.2016, 10.04.2017, 10.10.2017, 10.04.2018; • Servicing the bond issue payments – The payments are made by the Central Depositary with abidance by the requirements of Ordinance No. 8 On the grounds of Art. 206, para 6 of the Commerce Act, the Managing Board of Industrial Holding Bulgaria summons the First General Meeting of Bondholders, possessing convertible bonds issue ISIN code BG2100003156. The General Meeting shall be held on 12.05.2015 at 10.00 a.m. in the city of Sofia, 16-20 Alabin St., Bulgarian Industrial Chamber, in the meeting room on the first floor with the following agenda: 1. Election of representative/s of the bondholders. Draft decision: The General Meeting of Bondholders took the following decision: 1. The bondholders of Industrial Holding Bulgaria, possessing convertible bonds issue ISIN code BG2100003156 shall have one representative; 2. Elects Antoaneta Mihailova Dimolarova, attorney, Civil Identification Number 6601118259 as a representative of the bondholders of convertible bonds ISIN code BG 2100006134. 2. Fixing the remuneration of the representative/s of the bondholders Draft decision: The General Meeting of Bondholders took the following decision: Determines a monthly remuneration of BGN 250 /two hundred and fifty/ for the Bondholder’s Representative. 3. Miscellanies. All bondholders holding bonds from issue of convertible bonds of Industrial Holding Bulgaria AD ISIN code BG2100003156 are invited to participate in the General Meeting in person or by proxy. Right to participate and vote in the General Meeting of bondholders have the entities registered as bondholders with the Central Depository AD as at the date 3 (three) days before the Meeting. The registration of the bondholders or their representativesshall begin at 9.00 a.m. on 12.05.2015 at the venue of holding the Meeting. The bondholders shall be obliged to present a document proving their identity, written notarized power of attorney and certificate of current status of the bondholders who are legal entities. In case of lack of quorum, the Meeting shall be held on 26.05.2015 at 10.00 a.m. at the same place and with the same agenda and, requirements and registration procedure.
Source: Company information (21.04.2015)

IHB filed with the Financial Supervision Commission, BSE-Sofia and the public its Report for compliance with the conditions of the bonds loan issue corporate convertible bonds,ISIN BG2100006134 as at 31.12.2014- final.
Source: Company information (30.04.2015)

In April 2015 Industrial Holding Bulgaria PLC has not carried out transactions in relation with the decision for share buyback.
Source: Company information (30.04.2015)

The Supervisory Board of INDUSTRIAL HOLDING BULGARIA Plc. /hereinafter referred to as the Company/, with seat and management address 42 Damyan Gruev Str., Sofia, with UIC 121631219, with its decision from 12.05.2015 convenes a regular annual General Meeting of the Shareholders of the Company on 24.06.2015 from 10.00 a.m. to be held at 16-20 Alabin Str., Sofia, in the building of the Bulgarian Chamber of Commerce, the conference hall on the first floor, under the following Agenda and the following draft decisions: *1. Acceptance of the Activity Report of the Company for 201**4**and the Consolidated Activity Report of the Company for 201**4* /_Draft decision:_//The General Meeting of the Shareholders accepts the Activity Report of the Company for 201//4 //and the Consolidated Activity Report of the Company for 201//4//./ *2. Acceptance of the Report of the Registered Auditor for the audit made of the Annual Financial Statements of the Company for 201**4**and the Report of the Registered Auditor for the audit made of the Consolidated Annual Financial Statements of the Company for 201**4**.* /_Draft decision:_//The General Meeting of the Shareholders accepts the Report of the Registered Auditor on the audit made of the Annual Financial Statements for 201//4//and the Report on the audit made of the Consolidated Annual Financial Statements of the Company for 201//4//./ *3. Acceptance of the Annual Financial Statements of the Company for 201**4**and the Consolidated Financial Statements of the Company for 201**4* /_Draft decision: _//The General Meeting of the Shareholders accepts the Annual Financial Statements of the Company for 201//4//and the Consolidated Financial Statements of the Company for 201//4 / *4. Adopting of a decision for allocation of the earnings of the Company for 201**4**.* /_Draft decision:_//The General Meeting of the Shareholders adopts a decision for allocation of the earnings of the Company for 201//4//amounting to BGN BGN //800 857,46 (eight hundred thousand eight hundred fifty seven leva and forty six stotinki) //as follows:/// ·/10% of the earnings of the Company for 2014 //to be allocated to the Reserve Fund;/ ·/The rest BGN //720 771,71 (seven hundred and twenty thousand seven hundred seventy one leva and seventy one stotinki) //to remain as retained earnings of the Company./ *5. Report on the Activity of the Investor Relations Director for 2014.* *6. Report on the Activity of the Audit Committee of the Company for 2014.* *7. Report on implementation of remuneration policy for members of the Supervisory and Managing boards of "Industrial holding Bulgaria" AD 2014* *8. Release from liability of the members of the Manager Board and the Supervisory Board for their activities in 2014. * /_Draft decision:_//The General Meeting of the Shareholders releases from liability for their activities in 2014:/ /As members of the Supervisory Board/ * /Snezhana Ilieva Hristova / * /Konstantin Kumov Zografov / * /DZH AD, represented by Elena Petkova Kircheva./ /As members of the Management Board:/ * /Bozhidar Vasilev Danev, / * /Daneta Angelova Zheleva, / * /Emilian Emilov Abadjiev;/ * /Borislav Emilov Gavrilov, / * /Boyko Nikolov Noev,/ *9. Determining of the remuneration of the members of the Supervisory Board and the Management Board of the Company for 2015.* /_Draft decision:_//The General Meeting of the Shareholders determines the monthly remuneration of the members of the Supervisory Board and the Management Board of the Company for 2015 amounted to 1000 leva./ *10**. **Amendments to the Articles of Association of the Company. * /_Draft decision:_//The General Meeting of Shareholders approves the following changes in the Articles of Association of the Company*:*/ /1. In Article 32, Paragraph 2 shall take the following wording:/ /The Management Board shall consist of 3 /three/ to 5 /five/ members. The Supervisory Board shall determine the number and the personality of the members of the Management Board.;/ /2. In Paragraph 2 of the Final Provisions after the phrase “and a decision of the Management Board on 06.04.2015 ã. and on the grounds of Article 12à of the Statute, in relation with Article 196 of the Law on Commerce in connection with the conversion of bonds issued by the Company in shares” a comma shall be added and the phrase “and with a decision of the General Meeting of the Company held in the city of Sofia on 24.06.2015.” shall be supplemented./ *11*/. /*Selection of a registered auditor of the Company for 2015.* /_Draft decision:_//The General Meeting of the Shareholders selects the recommended by the Audit Committee registered auditor of the Company for 2015 – Ernst & Young Audit OOD//./// *12. Miscellaneous.* All shareholders or persons authorized by them are invited to take part in the General Meeting. Right to participate and vote at the General Meeting is granted only to persons entered in the registers of Central Depository AD as shareholders 14 days prior to the date of the General Meeting, i.e. prior to 10.06.2015. As of the date of the decision of convention of the General Meeting of the shareholders - 12.05.2015 – the total number of voting shares in the capital of the Company is 76 438 977 from 77 400 643. The present invitation together with the written materials related to the agenda of the General Meeting of Shareholders shall be published on the internet site of the Company – www.bulgariaholding.com - for the period from the entry of the invitation into the Trade Register to the closing of the General Meeting of Shareholders. The written materials under 224 of the Commerce Act /CA/ are at the disposal of the shareholders also at address: Sofia City, 37A Fridtjof Nansen Blvd. fl. 7, every working day from 3 p. m. to 5 p. m. as of the entry of the invitation into the Trade Register. The materials shall be provided to the shareholders upon presentation of an identity document, and to the proxies of the shareholders – upon presentation of an explicit proxy in writing, the original of which shall be kept with the archives of the Company. Persons holding together or separately at least 5 percent of the capital of the Company may request the inclusion of items and propose decisions on already included items in the agenda of the General Meeting following the procedure of Article 223à of CA, for which purpose no later than 15 days prior to the opening of the General Meeting they are to submit for announcement in the Trade Register the items to be included in the agenda and the proposed decisions. The shareholders submit to the Financial Supervision Commission and to the Company no later than the following working day after the announcement of the items in the Trade Register the materials under Article 223à, Paragraph 4 of CA. The shareholders have the right to raise issues during the General Meeting. The shareholders have the right to authorize any natural person or legal person to participate and vote at the General Meeting on their behalf, pursuant to the following rules, also announced at the web site of the Company www.bulgariaholding.com : 1.A proxy of a shareholder may also be a member of the Management or Supervisory Board of the Company if the principal has explicitly indicated the manner of voting under each of the items of the agenda. 2.The proxy has the same rights to speak and raise issues at the General Meeting as the respective represented shareholder. 3.The proxy is obliged to exercise the voting right in compliance with the instructions (directions) of the principal, contained in the power of attorney. In case that the proxy deviates from the instructions provided in the respective power of attorney, the votes under these shares for the respective vote are considered void. 4.The proxy may represent more than one shareholder at the General Meeting of the Company. In this case the proxy may vote differently under the shares held by the separate shareholders represented by the proxy. 5.The power of attorney for representation of a shareholder at the General Meeting of the Shareholders has to be executed in writing, with the signature of the principal certified by a notary public, and needs to refer to the specific General Meeting, to be explicit and to indicate: a/ the full data of the shareholder – principal and of the proxy; b/ the number of shares referred to by the power of attorney; c/ the agenda for the items raised for discussion; d/ the proposals for decisions for each of the items of the agenda; e/ the manner of voting under each of the items, or if such is not supplied, an explicit clause that the proxy has the right to discretion whether to vote and in what manner; f/ date, place and signature. 6.The notification for authorization may also be submitted electronically. In this case the Company has to be informed at the following e-mail: ir@bulgariaholding.com through a notice signed with a universal electronic signature (in the sense of the Law on Electronic Documents and Electronic Signatures /LEDES/) of the shareholder – principal (for natural persons) or the lawful representative of the shareholder – principal (legal persons). The principal encloses with the electronic notice for authorization scanned originals of: the power of attorney certified by a notary public drafted following the template approved by the Company, a current registration certificate issued no sooner than 3 months prior to the date of the General Meeting, and in case that the same are in a foreign language, they are presented together with a certified translation in the Bulgarian language pursuant to the existing Bulgarian legislation (Regulation on legalizations, certifications and translations of documents and other papers), and all electronic images of the documents have to be signed with the universal electronic signature of the shareholder – principal (for natural persons) or of the lawful representative of the shareholder – principal (for legal persons). 7.A template of the power of attorney for representation of a shareholder in the General Meeting is provided to the shareholders together with the materials regarding the General Meeting of the Shareholders. 8.All powers of attorney together with the enclosed documents have to be received at the following address: Sofia City, 37A Fridtjof Nansen Blvd. fl. 7 or at the following electronic address: ir@bulgariaholding.com within 2 working days prior to the date of the General Meeting - 22.06.2015and 23.06.2015, but no later than 4 pm on 23.06.2015. 9.When the power of attorney has been issued in a foreign language it is submitted to the Company together with a certified translation in the Bulgarian language pursuant to the existing Bulgarian legislation (Regulation on legalizations, certifications and translations of documents and other papers). 10.The withdrawal of a representation, for which the Company has to be duly notified, has to be made following the procedure envisaged by law. 11.The re-authorization with rights under the power of attorney, as well as a power of attorney issued in violation of the above rules is null and void. 12.Voting by correspondence or with electronic means is not permitted. The registration of shareholders starts at 9 am on 24.06.2015at the place where the General Meeting of the Shareholders is to be held. To register and participate in the General Meeting the shareholders which are natural persons must present an identity document. The representatives, when lawful representatives of shareholders – legal persons have to present an identity document and a copy of the current registration certificate certified by a power of attorney issued no sooner than 3 months prior to the date of the General Meeting, and in case the same are in a foreign language, they are presented, together with a certified translation in the Bulgarian language pursuant to the existing Bulgarian legislation (Regulation on legalizations, certifications and translations of documents and other papers). In case of lack of quorum pursuant to Article 227, Paragraph 3 of CA the General Meeting will be held on 08.07.2015at 10 am at the same place and following the same agenda and it is legally independent of the capital represented therein. Pursuant to Article 115b, Paragraph 1 of Public Offering of Securities Act only persons entered as shareholders as of 24.06.2015have the right to take part and vote at this new session of the General Meeting. No items under Article 223a of Commerce Act may be included in the agenda of the new session.
Source: Company information (21.05.2015)

Withdecision ¹ 20150714104816of the Commercial Register was included changes in the Management Board of Industrial Holding Bulgaria: Mr. Bozhidar Vasilev Danev was released as a member of the Management Board of Industrial Holding Bulgaria. By decision of the Management Board, Chairman of the Management Board will be Mrs. Daneta Angelova Zheleva - Chief Executive Officer, and Mr. Emilian Emilov Abadzhiev - Executive Director will be Vice Chairman of the Management Board.
Source: Company information (15.07.2015)

In July 2015 Industrial Holding Bulgaria PLC has not carried out transactions in relation with the decision for share buyback. The total number of own shares the Company possesses as at 31 July 2015 is 961 666 shares.
Source: Company information (03.08.2015)

In November 2015 in relation with the decision for share buyback, Industrial Holding Bulgaria PLC has acquired 100 000 own shares at the weighted average price per share BGN 0.840. The total number of own shares the Company possesses as at 30 November 2015 is 1 089 255 shares.
Source: Company information (04.12.2015)