The Board could have up to 106.2 million new shares issued, in exchange for contribution in cash over one or several stages. According to the meeting notice, the money should go towards funding the continued development of the group, without elaborating further. The document did not say what the issue price was or whether the existing shareholders had preference rights.
Such decisions, including choosing between a private placement or a public offering, would fall upon the Board, depending on market conditions.
(English version by Loredana Fratila-Cristescu)