According to the prospectus, the nominal value of one share is RON1 and the offer price is RON23.2.
Entinvest SA is the intermediary of the offer.
The purchase of shares was approved by the company’s shareholders and targets the distribution of shares as motivational packages to administrators and managers.
Chimcomplex is 85.1% held by businessman Stefan Vuza through CRC Alchemy Holding Amsterdam (85%), while the Romanian State owns 8.95% of the share capital, as per stock market data.
CRC Alchemy Holding Amsterdam is held by CRC Zeus Holding BV which in turn is controlled by C.R.C Impex Chemicals Ploiesti in which Stefan Vuza owns 91.3% of the shares, while Serviciile Comerciale Romane Piatra Neamt holds the remaining 8.6%.
Chimcomplex has an investment plan of EUR2.4 billion until 2024, publicly available data show. In 2018, the company acquired the assets of Oltchim and became the largest Romanian-held exporter.
CHOB shares have lost 24.6% since the beginning of 2022, amid deals worth RON44 million, ensuring the company a market value of RON5.7 billion.