Croatia’s share indices extend gains thanks to Podravka, Adris
Ljubljana share indices end week up, Telekom Slovenije leads gainers
Most Sofia bourse indices fall, Fibank paces blue-chip losers
UPDATE 1 - Bulgarian regulator okays 6.5% hike in Dec natgas price
Zarneni Hrani Bulgaria boosts 9-mo cons net profit, revenue falls
Sep 21, 2023 14:35 EEST
September 21 (SeeNews) - Croatian shipping company Atlantska Plovidba [ZSE:ATPL] has announced plans to use up to 41.9 million euros (approximately $44.7 million) raised from a new share issue for fleet upgrades and potential acquisitions.
"The funds will primarily be allocated to the purchase of energy-efficient vessels aimed at enhancing fleet competitiveness, reducing greenhouse gas emissions per tonne/mile, and complying with current regulations," Atlantska Plovidba stated in a filing to the Zagreb Stock Exchange published late on Wednesday.
In addition, the funds may be used for the company’s expansion, including for acquisitions in Croatia and abroad, and for general corporate purposes, the company said.
Earlier on Wednesday, the company said the financial services regulator, Hanfa, has approved its prospectus for the new share issue of up to 697,760 shares.
According to a decision by the company’s shareholders approved on June 27, only shareholders on record as of July 28 will be eligible to subscribe to shares from the new issue.
The company's equity capital of 55.6 million euro is divided into 1,395,520 shares without a nominal value.
Atlantska Plovidba’s stock ended 0.77% lower at 51.60 euro at the Zagreb bourse on Wednesday.
($ = 0.939 euro)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options