The company is offering 488.4 million shares in two stages. The first stage, in which shareholders will exercise their pre-emptive rights and subscribe for shares at RON0.1, will take place from July 11 to August 24, 2023. In the second phase, scheduled from August 31 to September 13, the subscription price is RON0.11 per share. According to ZF’s calculations, the company should raise RON48.8 million.
(English version by Loredana Fratila-Cristescu)