If you can see this message, your browser does not support canvas and needs an update. Sorry. :(
| December 05, 2021 |
Market Status: Closed
Login Register

Announcements


HUNTR01 pre-emptive rights issued for the capital increase carried out by iHunt Technology Import Export will be traded between November 23 and November 29

11/19/2021

Bucharest Stock Exchange informs that on Tuesday, November 23, will start trading HUNTR01 pre-emptive rights issued for the share capital increase carried out by iHunt Technology Import Export (HUNT). The pre-emptive rights will be traded on BVB’s Multilateral Trading System until November 29, 2021. The company announces a share capital increase that implies the issue of 4,700,000 new shares.

The share capital increase will be made in two stages. Each entitled shareholder received a number of preference rights equal to the number of shares held on March 22, 2021. The subscription period of the newly issued shares based on the exercise of the preference rights will run from December 6, 2021, to January 5, 2022. Investors will be able to buy newly issued shares based on the number of preference rights. The subscription ratio is of a new share issued to 3 preference rights held. The subscription price of a newly issued share is RON 0.9382 per share, out of which RON 0.1 represents the nominal value, and RON 0.8382 the issue premium.

The shares that will remain unsubscribed after the end of the first stage will be offered in a private placement at a price higher than the price in the first stage. The second stage will start on the third working day after the end of first stage and will run for 5 working days, with the possibility of an early closure. The characteristics and terms of the offer for the shares in second stage, including the issue price or the method of determining it, will be established by the decision of the Board of Directors, after the first stage closure. The newly issued shares remaining unsubscribed during the private placement will be cancelled.

Event

Period

Trading period for pre-emptive rights HUNTR01

November 23 – November 29, 2021

Subscriptions during the share capital increase December 6, 2021– January 5, 2022
Private placement (with early closing option) It starts on the third working day after the end of the first stage and will run for 5 working days.

 

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