REITR01 pre-emptive rights issued for the capital increase carried out by Star Residence Invest will be traded between September 3rd and 9th

9/2/2021

Bucharest Stock Exchange (BVB) informs that on Friday, September 3rd, will start trading REITR01 pre-emptive rights issued for the share capital increase carried out by Star Residence Invest (REIT). The pre-emptive rights will be traded on BVB’s Multilateral Trading System until September 9th, 2021. The share capital increase implies the issue of 96,100,000 new shares with a nominal value of RON 0,2 per share.

Participation in the capital increase is made by exercising the pre-emptive rights between September 16th and October 16th. The holders of pre-emptive rights will be able to exercise them, by subscribing and paying in cash two new shares for each pre-emptive right held. The maximum number of new shares that may be subscribed by a pre-emptive rights holder shall be calculated by multiplying the number of pre-emptive rights held by 2. The subscription price in the first stage, to which the holders of the preferential rights may subscribe, shall be equal to the nominal value. The shares that will not be subscribed and paid by the holders of pre-emptive rights within the term established, will be offered in the second stage, that of the private placement, at a price equal to that from the first stage adding RON 0.018 per share.

Event

Period

Trading period for pre-emptive rights REITR01

September 3rd - September 9th, 2021

Subscriptions during the share capital increase

September 16th – October 16th, 2021

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