Shareholders will discuss the planned measure at their general meeting scheduled on March 7, 2022.
The share capital increase will be operated by issuing 455,697,494 new shares, with a nominal value of RON0.1 per share.
The company, held by entrepreneur Voicu Oprean, sold a total 54,697,494 new nominative, ordinary and dematerialized shares within a private placement carried out in October 2021.
149 retail investors, of which 38 professional and nine institutional investors, participated in the private placement and subscribed shares at a price of RON1.357 per share. The company managed to raise RON74.2 million from stock market investors. The private placement and listing of AROBS shares were carried out with the support of BRK Financial Group.
AROBS Transilvania Software was established 23 years ago by Voicu Oprean and has a stock market capitalization of RON1.1 billion.