The free shares will be granted to the shareholders that own ONE shares at the registration date of December 16, 2021.
The total value of the share capital increase is RON228.81 million and the company will issue a total number of 1.14 billion new ordinary shares, with a nominal value of RON0.20 per share.
The capital used for this operation comes from incorporating as much as 80% of the issuance premiums resulted from the Initial Public Offering (IPO) carried out by One United Properties between June 22 and July 2, 2021.
Following the operation, One United’s share capital reaches RON514.8 million, divided into 2.5 billion shares.
The company’s shares started trading on the Bucharest Stock Exchange (BSE) under the ticker symbol ONE, on July 12, 2021 following an IPO worth RON260 million. On September 20, 2021, One United Properties shares became part of BSE’s BET index which tracks the performance of the most liquid shares on the Bucharest Stock Exchange and includes 19 companies. On November 20, 2021, FTSE Russell announced that One United Properties shares would be included in FTSE Russell index for Emerging Markets, FTSE Global All Cap, starting December 20, 2021.