“The capital increase by cash contributions was approved, with a maximum amount of RON22,220,000, from the current value of RON 217,900,035.80 to a maximum value of RON 240,120,035.80, by issuing a maximum number of 222,200,000 new ordinary shares, nominative, in dematerialized form, with a nominal value of RON 0.1/share, by granting preference rights to the shareholders of TeraPlast registered in the shareholders’ register on the registration date,” company representatives said in the report.
TeraPlast Bistrita ended the first half of 2024 with a loss of RON6.6 million and a turnover of RON428 million, up 34% year-over-year. Its EBITDA climbed 15% on the year to RON27 million.
TRP shares have traded down 6.4% so far in 2024, amid deals worth RON91.5 million, ensuring a market capitalization of RON1 billion. The company’s shareholders are businessman Dorel Goia, with an ownership stake of 46.8%, and private pension fund Fondul de Pensii Administrat Privat NN, with 12%, respectively.