The pre-emptive rights will be traded on the Multilateral Trading System of the Bucharest Stock Exchange until November 25, 2021. The issuer announces a share capital increase with RON200,000 that implies the issue of 1,000,000 new shares with a nominal value of RON0.2 per share.
The share capital increase will be made in two stages. In the first stage, investors will be able to buy newly issued shares based on the number of preference rights. To subscribe for a new share, 15.625 preference rights are required, rounded to the nearest lower natural number. The preference rights were transferred to the shareholders’ accounts on September 1st, 2021.
The subscription price was set at RON10.4171 per share and includes the nominal value of the share RON0.2 to which is added the issue premium (RON10.2171). The shares that will remain unsubscribed after the end of the first stage will be offered in a private placement at a price 5% higher than the price in the first stage, respectively RON10.9380 per share. The newly issued shares remaining unsubscribed during the private placement will be cancelled.