Mefin Sinaia requests 1.6m euros from shareholders

Mefin Sinaia will increase its share capital by 67.61bn ROL (1.64 million euros), from 64.71bn ROL to 132.32bn ROL. This will be achieved by contributions in cash from those shareholders that subscribed and paid for more than 2.7 million shares, according to a release sent to the Bucharest Stock Exchange. An increase of 77.27bn ROL (1.9 million euros) was initially targeted, accounting for approximately 3.1 million shares whose par value reached 25,000 ROL. These shares were offered for subscription to all the shareholders registered by the reference date, May 29. By the end of the subscription period, 2,704,233 shares had been bought and paid for in full by the existing shareholders. About 390,000 shares will be cancelled, with a decision in this regard scheduled to be made during the EGM of shareholders on August 14. ZF