Shareholders approved the capitalization of share premiums resulted from the public offering conducted between 22 June 2021 and 2 July 2021 (the “IPO”), the subsequent issue of free shares, namely, for each five shares already held in the company’s share capital, four new shares shall be allotted, and the introduction of a new class of shares.
The value of a dividend will be approximately RON0.02273 per share and will be paid on October 11.
Shareholders also approved the appointment of Daniel Dines or a suitable representative of Daniel Dines, as a permanent invitee to the meetings of the Board of Directors of One United Properties.
Shareholders also approved the increase of the company’s share capital in the amount of RON228.8 million by issuance of a number of up to 1.144 billion new ordinary, nominative and dematerialised shares with a nominal value of RON0.20 per share, by incorporating approximately 80% of the share premiums resulted from the public offering conducted between 22 June 2021 and 2 July 2021.
Also, the company will introduce a new class of shares with five voting rights, called Class B shares.
Class A shares will continue to represent one voting right. Class B shares will be attributed exclusively to companies Vinci VER Holding S.R.L. and OA Liviu Holding Invest S.R.L., fully owned by the company’s two founding shareholders, respectively Victor Capitanu and Andrei Diaconescu, as sole associate, following the conversion of a total 22.74% of shares existing in Class A, owned by the two companies, in equal proportions. The remaining shares held by these companies, respectively 18.39% and 18.39% of the total share capital of One United Properties, will remain Class A shares.
One United Properties had a turnover of RON434 million in the first half of 2021, up 96% on the year, and a net profit of RON147.5 million, up 267% on the year.