The Romanian state will have a contribution in kind to the share capital hike, worth RON156 million, representing the value of three plots of land in Constanta city.
The contribution in cash from the other shareholders totals RON105 million, through a maximum number of one billion shares that will be offered for subscription to the other shareholders in the exertion of the preference right.
Oil Terminal is 59.62% owned by the Energy Ministry, investment fund Fondul Proprietatea (FP.RO) holds a 6.32% stake, while the remaining 34.06% is distributed among various shareholders.