In the first stage, carried out between March 6-19, 2026, shareholders had preferential rights to buy new shares at a price of RON0.24/share. Of the total of 249 million issued shares, 205,805,402 remained unsubscribed, though.

The shares remaining unsubscribed following the first stage of the share capital increase, totaling 205,805,402 new, ordinary, registered, and dematerialized shares, will be offered for subscription within a private placement, that starts on March 30, 2026. The subscription price is set at RON 0.24 per share.

The private placement will be closed by decision of the Sole Director at any time deemed appropriate. Overall, the company aims to raise as much as RON60 million.

The funds are mainly destined for the acquisition of office building Polona 68 Business Center of Bucharest, a property valued at around EUR19 million.

(English version by Catalina Apostoiu)