The company will issue 6.1 million shares for these investors.
In the past six weeks, the company’s board negotiated with 64 interested investors. Demand was 2.4 times higher than the number of new shares issued for this capital hike. The board advised the remaining 60 interested investors to participate in the company’s next capital hike round to be opened by the end of this year.
Meanwhile, on April 15 Chimcomplex finalized the first stage in its strategy for a listing on the Warsaw Stock Exchnage.
Chimcomplex reported a turnover of RON1.2 billion in 2020 and a net profit of around RON95 million. It is the biggest exporter in the Romanian chemical industry, with 60% of its output sold abroad.
The company has a stock market capitalization of RON823 million and its shares grew 43% since the beginning of the year amid transactions totaling RON1 million.