To this end, the Public Property Agency (APP) intends to exercise the state’s right of pre-emption to acquire the new shares. The necessary funds are to be allocated by the Ministry of Finance.
This provision is set out in a draft Government decision drawn up by the APP. The document concerns the state’s participation in the additional issue of closed-end shares, approved by the market operator’s General Meeting of Shareholders.
The draft is subject to public consultation, and proposals and comments may be submitted until 13 November.
As yet, no details have been provided regarding the amount to be allocated from the state budget or the number of shares the state intends to acquire.
Logos Press has previously reported on BIMx’s plans to increase its share capital. In September, the company announced its intention to increase its capital from 1.5 million to 3 million euros, inviting institutional investors and strategic partners to participate in this process.
The initial share capital of the International Stock Exchange of Moldova amounts to 29,475,000 lei, divided into 2,947,500 registered Class I ordinary shares, each with a nominal value of 10 lei.
Shareholder structure:
- Bucharest Stock Exchange (BVB) – 26.67 per cent;
- Public Property Agency – 20 per cent;
- Donaris Vienna Insurance Group – 11.67 per cent;
- maib – 10 per cent;
- GRAWE Carat Insurance – 10%;
- Moldindconbank – 6.67 per cent;
- MK Kredit Company – 5 per cent;
- OTP Bank Moldova – 3.33 per cent;
- Moldcell – 3.33%;
- Premier Energy PLC – 3.33 per cent.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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