The company issued 1,444,444 pre-emptive rights that will be traded on BVB’s Multilateral Trading System until December 20, 2021. The company announces the increase of the share capital by issuing 361,111 new shares, to a nominal value of RON 0.1 per share.
The share capital increase will be made in two stages. Each entitled shareholder received a number of preference rights equal to the number of shares held on September 21, 2021. The subscription period of the newly issued shares based on the exercise of the preference rights will run from December 27, 2021, to January 26, 2022. The subscription ratio is of a new share issued to 4 preference rights held. The subscription price of a newly issued share is RON 11.6159 per share.
The shares that will remain unsubscribed after the end of the first stage will be offered in a private placement. The newly issued shares remaining unsubscribed during the second stage will be cancelled.