The increase should be done by the issue of 176.6 million new shares, with the nominal value of RON10 per share. Transgaz’s share capital is divided into 11.77 million shares (RON117.7 million).
Considering the current number of Transgaz shares, the company intends to increase its share capital 15 times, which means granting 15 new shares for every hare held, according to ZF’s calculations.
The General Meeting of Shareholders should also set the payment date, with the Board suggesting May 4, 2023.
(English version by Loredana Fratila-Cristescu)