HAIR01 pre-emptive rights issued for the capital increase carried out by Holde Agri Invest will be traded during May 25th - 31st 2021

5/24/2021

Bucharest Stock Exchange (BVB) informs that on Tuesday, May 25th, will start trading HAIR01 pre-emptive rights issued for the share capital increase carried out by Holde Agri Invest (HAI). The pre-emptive rights will be traded on BVB’s Multilateral Trading System between May 25th and 31st, 2021.

The share capital increase implies the issue of 21mn class A shares with a nominal value of RON 1 per share. The share capital increase will be done in 2 stages, between May 25th and July 19th, 2021. In the first stage, investors are able to subscribe according to the number of the pre-emptive rights they hold, and in the second stage there will be carried out a private placement. 

The investors will be able to buy new shares based on the number of pre-emptive rights held in their portfolios, at a price of RON 1.38 per share. To subscribe a new share, a number of 1.7734581428571 pre-emptive rights is required, rounded to the nearest lower natural number. The company issued a total number of 37,242,621 pre-emptive rights that were charged to the shareholders' accounts on April 5th, 2021.

The shares remaining unsubscribed after the 1st stage will be offered for sale to investors in a private placement, at a price between RON 1.38 and RON 1.55 per share. The method of calculating the subscription price within the private placement is detailed in the Prospectus.

Event

Period

Trading period for pre-emptive rights HAIR01

May 25th - May 31st, 2021

Subscriptions during Stage 1 of the capital increase

June 4th – July 3rd, 2021

Publication of the report on the completion of stage 1

July 5th, 2021

Subscriptions during the private placement

July 6th – July 19th, 2021

 

The information necessary can be consulted in the Prospectus, accessing the documents published by the issuer on BVB’s website, on the Company's website in the "Investors" section, as well as on the website of the Intermediary, BT Capital Partners.