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| May 25, 2022 |
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BITTNET SYSTEMS SA - BNET

Update about capital increase - 19th February 2021

Release Date: 2/22/2021 11:01:00 AM

IRIS Code: C4C68

 

Current Report nr. 07 / 2021

 

Current report according to

Law 24/2017, FSA Reg 5/2018

Date of report

22.02.2021

Name of the issuing entity

BITTNET SYSTEMS S.A

Legal Adress

Strada Soimus Nr. 23, Bloc 2, Apartament 24, Sector 4, Bucuresti

Adress

Blvd. Timisoara nr 26 Cladirea Plaza Romania Offices Spatiul PRO-01 Etaj 1 Sector 6, Bucuresti

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:

Segment: BSE Main Market; Category: Standard

Ticker

BNET - shares

BNET22, BNET23, BNET23A, BNET23C – bonds

Subscribed and paid share capital

25.374.694,80 RON

Total number of shares

229.049.725 shares face value RON 0.10 per share[1]

 

 

Update about capital increase – 19th February 2021

 

BITTNET SYSTEMS S.A. (hereinafter referred to as "the Issuer") informs the investors about the status of the subscriptions within the capital increase with new cash contributions. Thus, until the end of February 19, 2021, were subscribed 13.062.131 new shares for a value of RON 7.706.657,29 (71.85% of the total Offer)

BNETR08 rights holders can also subscribe for the new shares until 25.02.2021 at 13:00 (stage 1).

If there will be unsubscribed shares after February 25, they will be offered for sale in a private placement (Stage 2) with a maximum duration of 5 days, depending on demand. Stage 2 will take place only if there are unsubscribed shares from Stage 1 and the intermediary will be SSIF Tradeville.

 

 

President of the Board

Mihai Alexandru Constantin Logofatu

 



[1] The share capital registered at the Trade Register is 253,746,948 shares. At the time of this report, the Issuer has submitted to ASF the request to issue the CIVM for the entire capital.

 



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