Investor.BG AD (BUL:4IN) entered into a definitive agreement to acquire Bulgaria On Air Ltd. on December 9, 2015. Subject to obtaining an approval by the FSC in pursuance of Art. 124 of the POSA, Investor.BG AD will convene a General Meeting of shareholders to vote on the transaction.

As of June 24, 2016, the deputy-chairman of the FSC in charge of the Investment Activity Supervision Division approved the transaction. On July 1, 2016, the transaction was registered with the Commercial Register to the Registry Agency.