The operation entailed the issue of 286,849,060 shares, with a face value of RON0.1 and a capital premium of RON0.04642 per share.

In total, the capital inflow operated by the French group in the Romanian unit reached RON42 million.

The Romanian insurer is 99.9% owned by Societe Beaujon (France), while AXA Participations 2 holds 0.01%.

Axa Life Insurance started activity in December 1997, under the name Omniasig Asigurari de Viata.

The Axa group took over the Romanian insurer early-2010, after striking a deal with Austrian company Vienna Insurance Group. (EUR1=RON4.216)