The group will conduct an up to RON150 million offering via BT Capital Partners between December 11, 2023 – January 10, 2024, according to reports to the Bucharest Stock Exchange. A number of 15 million new shares will be subscribed at a price of RON10 each.
The operation is divided into a capital increase by contribution in cash and a private placement that will see some Roca Investment’s receivables converted against Roca Industry.
(English version by Loredana Fratila-Cristescu)