BUCHAREST (Romania), September 2 (SeeNews) – Romanian blue-chip real estate firm Impact Developer & Contractor said on Wednesday it will offer to sell a total of 278,580 stocks to its management and employees at 0.057 lei ($0.02/0.013 euro) per share.
Impact Developer & Contractor will launch the offering, equal to 0.14% of the company's capital, between September 9 and September 18, the company said in a statement to the Bucharest Stock Exchange, BVB.
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KBC Securities will manage the share offering.
Data from the Central Depository showed that as of June 30, individual investor Dan Ioan Pop owned 28.07% of Impact Developer & Contractor, while individual investor Daniela Carmen Sandulescu held a further11.55% stake. Smaller investors accounted for the balance.
Impact Developer & Contractor shares closed down 3.29% at 0.411 lei on the BVB on Wednesday.
(1 euro = 4.2429 Romanian lei)