In the wake of this operation, the company raised its share capital by RON566 million, by in-kind and cash contribution. OMV Petrom issued a number of 5.66 million new, ordinary nominative shares, in dematerialized form, each with a nominal value of RON0.1.
Of the total sum, RON120.6 million represents the in-kind contribution of the Romanian state, via the Energy Ministry. Another 4.46 billion new shares with a total value of RON446 million were subscribed in cash, within the exercise of the preference right by the shareholders of OMV Petrom other than the Romanian State.
The newly issued shares are available for trading on the spot regulated market operated by the Bucharest Stock Exchange starting 3 November 2022 and the new global depositary receipts are expected to be issued on or about 3 November 2022 and will be available for trading on the main market operated by the London Stock Exchange shortly thereafter.
OMV Petrom reported RON4.6 billion net profit on June 30, almost five times above the level of 1H/2021, and RON25.6 billion sales, up 153% in annual terms.
(English version by Catalina Apostoiu)