Following the increase, the share capital will grow to RON137.3 million from RON28.5 million, by issuing a maximum number of 32.96 million new shares, nominative, dematerialized, at a price of RON3.3 per share.
Of the total amount of RON108.8 million, RON63.8 million represents the contribution in kind of the Romanian State with lands covering a total 554,537 square meters, subject to 48 land ownership certificates for which CONPET has obtained land ownership certificates, during 2001- 2005.
Conpet Ploiesti has a market value of RON713 million and its shares have been trading up 14% since the beginning of 2021.
Conpet reported a net profit of RON48.95 million for the first nine months of 2020, down 2.3% on the year, and its turnover was stable in the first nine months, at RON304 million. It also reported an EBITDA of RON89.6 million, up 1.6% on the year, and its investments in the first nine months stood at RON66.1 million.