Market News


SIMTEL TEAM - SMTL

Publication of the Prospectus for the Share Capital Increase Operation

Release Date: 5/16/2022 9:21:07 AM

IRIS Code: E7A81

To: Bursa de Valori Bucuresti S.A.

      Autoritatea de Supraveghere Financiara

 

 

CURRENT REPORT 11/2022

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

16.05.2022

Name of the Company

Simtel Team S.A.

Registered Office

Splaiul Independentei 319 SP. OB 410, Sector 6,

 

Bucuresti 060044, Romania

Email

investors@simtel.ro

Phone

+40 31 860 21 01

Website

investors.simtel.ro

Registration nr. with Trade Registry

J40/564/2010

Fiscal Code

RO 26414626

Subscribed and paid share capital

1,411,000 lei

Total number of shares

7,055,000

Symbol

SMTL

Market where securities are traded

MTS AeRO Premium

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

The management of Simtel Team S.A. (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 (“ASF”) on 12.05.2022, as stated in Decision 562/12.05.2022.

The Prospectus, the subscription and revocation forms as well as the ASF Decision approving the Prospectus are available to investors on the Company’s website, at the following link: https://www.simtel.ro/investitori 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 ASF. According to the provisions of the Prospectus, the trading of the preference rights will start the second working day after publishing of the Prospectus.

Event

Date

Trading of preference rights

18.05.2022 – 24.05.2022

Stage 1: subscriptions based on preference rights

27.05.2022 – 25.06.2022

Publishing of the report about closing Stage 1

27.06.2022

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, issued on 28.12.2021.

The newly issued shares are offered for subscription by exercising pre-emption right by the shareholders registered on registration date of 01.02.2022, or by investors who acquire pre-emption rights during their trading period. To subscribe a new share, 10 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 18.1994 lei/share. The price per share includes the share nominal value (0.2 RON) and the issue premium (17.9994 lei).

The newly issued shares, remained unsubscribed at the stage of exercising the preference rights, will be offered to a maximum number of 149 investors at a price of 18.2094 lei/share. The price per share includes the share nominal value (0.2 lei) and the issue premium (18.0094 lei). The price was calculated by adding 0.01 lei to the price established for stage 1 of the share capital increase mentioned herein above.

 

Iulian NEDEA

Sole Director

 



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