The share capital increase will be operated by partially incorporating the result carried forward undistributed in the previous financial years, in line with a stock market report.
“The capital increase shall be performed by issuing a number of 663,692,518 new shares. The newly issued shares shall not change the holdings of the shareholders and shall be distributed free of charge to all shareholders of the Company registered in the Company’s Register of Shareholders maintained by Depozitarul Central S.A. on the registration date. Each shareholder registered in the Company’s Register of Shareholders on the registration date shall be allocated two free shares for five shares held”, the report reads.
Shareholders’ agenda also includes the contracting from Alpha Bank Romania SA of a loan amounting to maximum EUR20 million. The funds to be borrowed shall be used by the company to fund its current activity and the investments. The real estate mortgage on immovable assets consists of eight properties covering a total surface area of almost 180,000 square meters.
Impact also plans to contract a loan of EUR34.3 million from OTP Bank Romania. The funds to be borrowed shall be used by the company to fund the development of Phases 1, 2 and 3 of Teilor Ensemble in the Greenfield Baneasa district. It is also set to contract a loan of EUR6 million from OTP Bank Romania in order to fund the VAT related to the development works of Phases 1, 2 and 3 of Teilor Ensemble in the Greenfield Baneasa district.
IMP shares have been trading by 1.4% since the beginning of 2022 amid total deals worth as much as RON23 million. The company has a market value of almost RON1 billion, stock market data show.
Shareholders include Gheorghe Iaciu (58.8%) and Adrian Andrici (15.2%), with the remaining shares being held by other shareholders.