The second stage was carried out between January 16 and 30, 2024 and triggered subscriptions of RON62.5 million, for 6.2 million new shares.
Overall, during the two capital increase stages, a total 7.1 million new shares were issued, with a nominal value of RON10 per unit. Thus, ROCA Industry increased its share capital with a total nominal value of RON71.7 million.
The share capital increase operation is part of ROCA Industry’s strategy to list on the Main Market of the Bucharest Stock Exchange in the first quarter of 2024.
ROCA Industry directly and indirectly owns eight companies: BICO Industries (manufacturer of fiberglass mesh and the only domestic producer of fiberglass reinforcement), EVOLOR (one of the biggest players in the paint and varnish production industry, with a market presence of over 30 years), ECO EURO DOORS (the largest Romanian producer of doors for residential constructions), DIAL (manufacturer of metallic wire products), as well as glass fiber producers Terra, Europlast and Iranga (indirectly owned through BICO Industries).