A total 131,250,000 new shares were issued, which were distributed to the shareholders existing on the registration date – June 25, 2021, in proportion of a newly issued share for each two shares held, company officials said in a statement.
Following the operation, the company’s share capital registered at the Central Depository was raised by 50% to RON393.75 million.
Impact Developer & Contractor reported revenue of RON39.3 million from home sales, in the first quarter of 2021, up 71% from the same period in 2020.
The company’s shares have grown by 72.3% since the beginning of 2021, amid deals worth RON35.8 million, with the company reaching a stock market capitalization of RON834.7 million.
Impact Developer & Contractor is 59.4% held by Gheorghe Iaciu and 15.9% owned by Andrici Adrian.