In the wake of the placement, 84.2 million new shares were subscribed. As a result, Impact’s share capital was raised from RON393.7 million to RON414.8 million, with the total number of shares amounting to 1.65 billion.
The company offered for subscription a maximum number of 350 million shares, at a price of RON0.7 per unit. The placement was aimed at both qualified investors and to a maximum number of 150 individuals and legal persons and was carried out between January 4 and 21, 2022. The operation was handled by Swiss Capital.
The developer in the first 9 months of 2021 generated RON110 million revenues from the sale of real estate assets, down 19% from the year-earlier period, while profit plunged by 43%, to RON7.5 million.
The company’s shares have increased by 115% over the past year, in the wake of RON72 million transactions, with the company’s capitalization reaching RON1.08 billion.
The company is 59.9% controlled by Gheorghe Iaciu, while Andrici Adrian owns 15.9% in share capital.
(English version by Catalina Apostoiu)