The company summoned shareholders fro April 22 to approve the issuance of 8.6 million new free shares at a face value of RON0.4 per share. The company plans to match each share owned with a free share.
The company reported a net profit of nearly RON7.2 million in 2020.
Norofert has a stock market capitalization of RON207 million and its shares grew 92.2% since the beginning of the year.