“Considering that the net assets of the Company, as determined by the individual financial statements for the financial year 2021/2022, are below the minimum level provided for in Article 153^24 of the Companies’ Law no. 31/1990, an increase of the share capital of the Company is approved, by issuing 133,783,784 new shares, each with a nominal value of RON0.37 and an issue premium of RON3.xxxxxxxxxxxxx02 per share, with a total nominal value of RON49,500,000.08 and a total issue premium of RON445,499,999.92,” the document says.
(English version by Loredana Fratila-Cristescu)