The proposal is subject to shareholder approval at a meeting scheduled for September 16.
Impact Developer reported revenues of RON5.6 million in the first quarter of 2013, double from RON2.8 million in the similar interval a year ago, and total expenses of RON11.05 million, up 56%.
Its loss increased to RON5.5 million in the first quarter from RON4.3 million in the year-earlier period.
The company’s shareholding structure includes Gheorghe Iaciu with a 38% stake, Adrian Andrici with 13% and East Capital, which owns a 10.1% stake via Cyprus-based Salink Limited.
On the Bucharest Stock Exchange Tuesday, Impact traded down 2.94%, at RON0.165 a share. (EUR1=RON4.4250)