The subscription period for Nuclearelectrica shares related to the share capital increase will start on January 5 and will continue for a period of 31 calendar days, until February 4, 2015, according to an announcement posted on the Bucharest Stock Exchange website.
National Company Nuclearelectrica (SNN) is informing shareholders and investors that the Financial Supervisory Authority (ASF) has approved the bidding prospectus for the share capital increase.
Increasing the share capital of SNN is done by cash contribution in the total amount of 239,172,630 lei, from the current value of 2,817,827,560 lei to the amount of 3,057,000,190 lei, by issuing a maximum number of 23,917,263 new shares, at a price of 10 lei per share, equal to the nominal value (excluding the issue bonus).
The shareholders enrolled in the Registry of Shareholders on October 22, 2014 are entitled to subscribe and pay for shares of this issue, proportional to their participation quota in the company’s capital held at the registration date.
Nuclearelectrica is the operator of the Cernavoda nuclear power plant, which provides 20% of the electricity generated nationwide.