Iaciu has increased the purchase price by 3.8% to 0.1799 lei (EUR0.0403) a share, from RON0.1735 a share previously. At the updated price, the 62% stake is valued at RON22.05 million (EUR4.9 million).
At around 12:00 pm, Impact traded at RON0.21 a share, 4.37% higher on the day.
The businessman first revised his takeover bid on Friday, when he raised the share purchase value to RON0.1735 from RON0.16 originally. Under Romanian capital market regulations, Iaciu had to increase the purchase price after he bought Impact stock from the market at prices above the one offered in his takeover tender.
Ianciu, who already owns 38% in Impact, last week launched a mandatory takeover bid for the remaining shares in the company.
The offer takes place between September 26 and October 16. Swiss Capital is bookrunner on the deal. (EUR1=RON4.4603)