Ropharma will issue 21.8 million new shares with a face value of RON0.1. The new shares will be distributed free of charge to the company’s existing stockholders.
Ropharma is 35.24%-owned by local businessman Mihai Miron.
On the Bucharest bourse Friday, Ropharma closed flat at RON0.645 a share, valuing the company at RON187.8 million. (EUR1=RON4.4801)