Media Outlet Capital Legal Entity Economedia Date of first publication 05/07/2022 Date of Latest Change 20/11/2024

5. Requirements on Owners’ Identity

The identity of owners shall be disclosed: including direct owners, indirect or beneficial owners, shareholders, indirect or beneficial shareholders. Information on any type of influence and/or conflict of interest should be provided and monitored internally. The information shall be updated on an annual basis and easy to access, preferably online. If the Outlet has no website, the information should be published or communicated clearly in all its publications or transmissions.

5.1. Names of Owners and Board Members

The names of direct, indirect, controlling or beneficial owners shall be disclosed. If any of these is also the beneficial owner of another company, the name and main activities of that company shall be clearly stated. The business sectors in which these other companies are operating shall also be indicated. The names of the members of supervisory structures, like the board, shall also be disclosed. If any of these persons is an active member of a political party or movement, holder of an elected office, or a candidate to a political election, the name of that party or movement shall be clearly stated.

What are the names of all direct, indirect or beneficial owners?

Ivo Prokopiev
Theodore Zahov

Are the names of the owners in the previous question available online?

Yes

What is the URL that contains the names of the owners, or, if not available online, please indicate where that information can be obtained?

www.capital.bg

What are the names of the members of supervisory boards?

Galya Prokopieva
Theodore Zahov
Gergana Nikolova

Are the names of the members of the supervisory board members in the previous question available online?

Yes

What is the URL of the page that contains the names of the people in the previous question?

https://portal.registryagency.bg/CR/Reports/ActiveConditionTabResult?uic=131326269

Are the listed owners also founders or owners of other companies?

Yes

State here the names and main activities of those companies.

Ivo Prokopiev is founder of Capital and Economedia. He is one of Bulgaria's most successful entrepreneurs with extensive experience in media, corporate finance, renewables and electrical mobility. Over the years, Ivo Prokopiev has maintained strong public commitment and was personally involved in a number of key reforms that have changed Bulgarian economy and Bulgarian society. Ivo Prokopiev is a controlling shareholder in investment companies Alfa Finance Holding (http://www.alfafinance.bg), renewable energy group Solarpro (https://solarpro.bg), business information company ADataPro (https://www.aiidatapro.com) and charging stations network e-Mobility International (https://eldrive.eu).

Theodore Zahov is one of the best inventors and tech entrepreneurs of Bulgaria. Prior to joining Economedia as a shareholder, he has had successful investments in start-ups in the software industry and telecoms. Theodore Zahov is now sole owner of investment group Inovent Holding. The company is investing in renewables, real estate and tech businesses. He is also Chairman of the Union of Bulgarian Publishers.

What are the business sectors for the companies listed in the previous question?

Renewable Energy

Business Information

Software Industry

Real Estate

Electrical Mobility

Are any of the owners active members of a political party or movement or candidates in a political election or current office holders?

5.2. Contact Details of Direct and Indirect Owners

The contact details of direct and indirect owners shall be disclosed, preferably online, along with the contact details of the members of the board of directors.

What is the contact information for all direct and indirect owners?

Ivo Prokopiev - Sofia 1000, Landmark Centre, Sofia 7th floor, 14 Tzar Osvoboditel blvd.; + 359 (2) 489 36 67; pr@alfafinance.bg

Theodore Zahov - Sofia 1040, INTERPRED WTC Sofia, 36 Dragan Tsankov blvd., office@cib.bg; +359 894 332 093

Is the contact information in the previous question available online?

Yes

What is the URL with the contact information from the previous question?

www.alfafinance.bg/en

What is the contact information for the members of the board of directors?

Galya Prokopieva - galya@capital.bg

Theodore Zahov - office@sib.bg

Gergana Nikolova - gergana.nikolova@economedia.bg

Is the contact information in the previous question available online?

5.3. Names of Shareholders

The names of direct and beneficial majority or controlling shareholders shall be disclosed. If the shareholder is a company, the name and main activities of that company shall be clearly stated. The business sector in which this company is operating shall also be indicated.

What are the names of the direct, majority or controlling shareholders? (If shareholders are companies, list the main activity and business sector of that company along with the name.)

Ivo Prokopiev
Theodore Zahov

5.4. Percentage of Shareholdings

The percentage of the controlling shareholdings should be disclosed, regardless of the percentage.

List the shareholders and the percentage of the holdings.

Ivo Prokopiev 51%
Theodore Zahov 49%

5.5. Exception for Member-owned Media Outlets

The names and contact information for all owners is not required to be disclosed, but it is required for the leadership, e. g. the Board of Directors according to clauses 5.1 and 5.2.

Is the Media Outlet member-owned?

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