IMP shares closed the trading session of August 25 at a price of RON0.640 per share, with a variation of +4.07% from the previous session, amid deals worth nearly RON3 million, per ZF’s aggregate data from the Bucharest Stock Exchange.
“Since the beginning of 2021 and over the last six months in particular, Impact shares have doubled their value against investors’ obvious interest in the company’s announcements as regards drafting and setting off the national development strategy which is centered around the concept of sustainability. The latest step towards implementing the strategy was the decision of the general meeting of Impact shareholders to authorize the Board of Directors to increase the company’s share capital, via one or multiple issues of ordinary shares, with a nominal value of up to RON193,750,000, throughout a year”, the company said in a press statement.
Impact’s immediate objective is to start the development of 2,707 housing units across Romania, within the residential compounds in Bucharest, Iasi and Constanta, until the end of 2021. Impact has already signed a general contractor agreement for the construction of 326 apartments of a new development phase of the Greenfield Baneasa district.
Impact is 60% owned by businessman Gheorghe Iaciu and 15.9% held by Adrian Andrici, per stock market data.