Intercapital Property Development ADSIC, a company incorporated and conducting business in the Republic of Bulgaria, registered with the Commercial Registry by the Bulgarian Registration Agency under number EIK 131397743, having its seat and registered address in Sofia, 7a Aksakov Street, floor 4 (hereinafter referred to as "ICPD"), in compliance with Art.148b of the Bulgarian Law on the Public Offering of Securities informs that as a result of the capital increase of the company and due to the fact that the shareholder “NAVER INVESTMENT INC." has not subscribed to new shares from the issue, its share participation has changed from 11,42% to 9,16% of the total capital of Intercapital Property Development ADSIC.

Legal basis: § 17 Section 4 of the Alternative Trading System Rules NewConnect