Croatia’s Uljanik shipyard raises capital to 302.1 mln kuna (40.1 mln euro)

Pula-based Uljanik planned to raise its capital by issuing up to 3,354,380 ordinary shares with a nominal value of 90 kuna each, equal to the final issue price.

The public offering would be considered successful if at least 1,118,127 new shares are subscribed, a threshold that has been cleared as investors snapped up 1,119,997 new shares, Uljanik said in a bourse filing.

The offering was open for subscription between November 12 and 23.

(1 euro = 7.5392 Croatian kuna)