Wednesday | July 06, 2022 |
Market Status: CLOSED

Announcements


SMTLR01 pre-emptive rights issued for the capital increase carried out by Simtel Team will be traded between May 18-24

5/17/2022

Bucharest Stock Exchange informs that on Wednesday, May 18, will start trading SMTLR01 pre-emptive rights issued for the share capital increase carried out by Simtel Team (SMTL). The pre-emptive rights will be traded on BVB’s Multilateral Trading System until May 24th, 2022. The issuer announces a share capital increase with a total number of 705,500 new shares.

Each shareholder registered in the Simtel Team shareholder register received, on February 1, 2022,  the date of registration, a number of preference rights equal to the number of shares held. In a first stage, held between 18th and 24th of My, 2022, shareholders and investors will be able to trade preference rights.

The second stage will take place from May 27th to June 25th, 2022. To subscribe for a new share, 10 preference rights are required, rounded to the nearest lower natural number. The subscription price was set at RON 18.1994 per share and includes the nominal value of the share RON 0.2 to which is added the issue premium (RON 17.9994).

The shares that will remain unsubscribed will be offered in a private placement at RON 18.2094 per share. The newly issued shares unsubscribed during the private placement will be cancelled.

Event

Period

Trading period for pre-emptive rights SMTLR01

May 18 – May 24, 2022

Subscriptions during the share capital increase

May 25 – June 25, 2022

Private placement

Will be announced by the Issuer

 

All the necessary information is available on the BVB’s website.