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BITTNET SYSTEMS SA - BNET

Estimated calendar for capital increase operation

Release Date: 2/14/2020 6:08:53 PM

IRIS Code: DA81E

 

Current Report no. 09 / 2020

 

Current report according to

Rulebook BVB for AeRO-ATS, Law 24/2017,

ASF 5/2018

Date of report

14.02.2020

Name of the issuing entity

BITTNET SYSTEMS S.A.

Legal Adress

Soimus Street, no. 23, bl. 2, Sc. B, 2nd Floor, Ap. 24, District 4

Adress

Timisoara Blbv. no. 26, Plaza Romania Offices Building, 1st Floor, District 6, Bucharest

Telefon/Fax

021.527.16.00 / 021.527.16.98

Fiscal Code

 21181848

Number with the Trade Registration

J40/3752/2007

The market where the securities issued are traded:

SMT Aero-Premium

Ticker

BNET – shares

BNET22, BNET23, BNET23A, BNET23C – bonds

Subscribed and paid share capital

11.620.320,60 RON

Total number of shares

116.203.206 shares face value RON 0.10 per share

 

 

Estimated calendar for capital increase operation

 

 

 

BITTNET SYSTEMS SA (hereinafter referred to as "the Company") informs the investors about the calendar estimated by the Company regarding the operation of share capital increase with cash contributions:

 

        20.02.2020: Publication of the EU Prospectus for capital growth

        21.02.2020 - 02.03.2020: BNETR06 preference rights trading period

        05.03.2020 - 03.04.2020: Stage 1 of subscriptions at the price of 0.83 lei / new share (26% return vs. the average price from 14.02.2020)

        13.04.2020 - 17.04.2020: Stage 2 of subscriptions (in the event that there will remain unsubscribed shares after Stage 1)

 

 

 

 

CFO

Cristian Logofatu

 



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