The company will be offering 80 million shares at a price of RON1 a share, 22.6% above the current market price of RON0.8155.
Initially addressed to the company’s existent stockholders, the offering can be extended to include other investors, Impact said.
If the offering is successful, Impact will increase its share capital to RON277.86 million, from RON197.86 million currently.
Swiss Capital will be bookrunner on the issue.
Impact Developer&Contractor is 44.24%-owned by Romanian entrepreneur Gheorghe Iaciu. (EUR1=RON4.397)