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Allterco approves retention of 2018 earnings (NEUTRAL)

Shareholders of IT holding company Allterco voted in favor of no dividend distribution. The 2017 net profit was BGN 2.7m or BGN 0.18 per share. CEO Dimitar Dimitrov said earlier that the company would aim to pay its first dividend from 2018 earnings. Allterco is in the midst of a deal for the sale of its telecommunication business to Norwegian Link.

Source: Allterco; FFBH

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