Banca Transilvania, the largest bank in Romania, has increased their share capital by RON 400.8m, by issuing 400,824,754 new shares.
According to a statement released on the Bucharest Stock Exchange yesterday, Banca Transilvania has increased their share capital by RON 400.8m. The cap hike was done in accordance with the decision made on the Extraordinary General Meeting of Shareholders held on the 24th of April 2019. In accordance with the decision Banca Transilvania will issue 400,824,754 new shares, with a nominal value of RON 1/share. The statement also noted that the registration of the share capital increase is currently in progress with the Central Depository.
Following the increase, Banca Transilvania’s share capital reaches RON 5.2bn, divided into 5,215,917,925 shares, each with a nominal value of RON 1.