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HOLDE AGRI INVEST S.A. - HAI

Publication of the Prospectus for the Share Capital Increase Operation

Release Date: 6/10/2022 6:00:10 PM

IRIS Code: F21BE

 

To:   BURSA DE VALORI BUCURESTI S.A.

          AUTORITATEA DE SUPRAVEGHERE FINANCIARA

 

CURRENT REPORT 32/2022

According to Law nr. 24/2017 regarding issuers of financial instruments and market operations, ASF regulation nr. 5/2018 regarding the issuers of financial instruments and market operations and/or the Bucharest Stock Exchange Rulebook for Multilateral Trading System.

Date of report

10.06.2022

Name of the Company

Holde Agri Invest S.A.

Registered Office

Intr. Nestorei nr. 1, Corp B, Etaj 10, Sector 4, Bucharest

Phone

+40 31 860 21 01

Email

investors@holde.eu

Trade Registry No.

J40/9208/2018

Fiscal Code

39549730

Subscribed and paid share capital

72,078,520 RON

Total number of shares

72,078,520 shares, of which 66,251,345 ordinary class “A” shares and 5,827,175 preferred class “B” shares

Market where securities are traded

MTS AeRO Premium, symbol HAI

 

Important events to be reported: Publication of the Prospectus for the Share Capital Increase Operation

The management of Holde Agri Invest S.A. (hereinafter referred to as the “Company") informs the market about the publishing of the EU Prospectus for the share capital increase with cash contributions. The Prospectus was approved by the Romanian Financial Supervisory Authority (“FSA”) on 08.06.2022, as stated in Decision 704/09.06.2022.

The Prospectus, the subscription and revocation forms as well as the FSA Decision approving the Prospectus are available to investors on the Company’s website, at the following link: https://holde.eu/investors/ as well as on the Company’s profile on the Bucharest Stock Exchange website.

Below the investors can find the detailed timeline for the capital increase operation, as approved by the FSA.

Event

Date

Trading of preference rights

15.06.2022 – 21.06.2022

Stage 1: subscriptions based on preference rights

24.06.2022 – 24.07.2022

Publishing of the report about closing Stage 1

25.07.2022

Stage 2: private placement for remaining shares

Established through a separate decision of the Sole Director

The share capital increase operation was approved by the decision of Extraordinary General Meeting of Shareholders n0. 1 issued on 24.11.2021 and the Decision of the Sole Director no. 1 issued on 04.03.2022.

The newly issued shares are offered for subscription by exercising pre-emption right by the shareholders registered on registration date of 25.03.2022, or by investors who acquire pre-emption rights during their trading period. To subscribe a new share, 1.818099155489741 preference rights are required, with rounding off to the nearest inferior natural number.

The price per share in the first stage of the transaction, has been established at RON 1.65 per share. The price per share includes the share nominal value (1 RON) and the issue premium (0.65 RON).

The newly issued shares, remained unsubscribed at the stage of exercising the preference rights, will be offered through a private placement (which may include, as the case may be, conversion operations of certain, liquid and due receivables held by (i) the persons who have transferred Class B shares to the Company under the buyback programme approved by resolution of the Extraordinary General Meeting of Shareholders No. 2 of 27 April 2022, and (ii) the Sole Director of the Company, representing the Annual Performance Bonus for the financial year 2021, as will be decided separately by the Sole Director of the Company), at a price that will be established by the Sole Director of the Company through a separate decision which will be taken after the completion of Stage 1.

 

Legal Representative of Holde Agri Management S.R.L., Sole Director of Holde Agri Invest S.A.

Iulian-Florentin Circiumaru

 

 



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