Following the completion of the capital increase operation, a total 293.5 million new, nominative, ordinary, dematerialized shares, with a nominal value of RON0.1 per share, were subscribed, accounting for 84.77% of the total number of shares that make the object of the offer. The company’s share capital will be increased by RON29.3 million, up to RON64 million.

“A number of 3,103,196 newly issued shares, at a subscription price of 0.1 lei/share, were subscribed and paid in full, the attracted amount being 310,319.60 lei. A number of 290,401,550 newly issued shares, at a subscription price of 0.1 lei/share, were subscribed and partially paid, amounting to 8,713,283.46 lei,” the report reads.

Socep Constanta had a turnover of RON141.26 million in the first nine months of 2023, up 41.3% on the year. Expenses climbed to RON96.45 million at end-September 2023 from RON74.6 million at end-Sept 2022, while assets rose 10% on the year to RON545.7 million. The net result at consolidated level was profit of RON48.5 million, up 74.6% on the year.

Socep has a market value of RON706 million after its shares have gained 385% so far in 2023, amid deals worth RON6.1 million, as per stock market data.