The Management Board of Elsid SA has approved a 3 million RON increase in the company"s share capital. The company issued 1.302.666 shares with a face value of 2,5 RON/share, corresponding to the new share capital of 46.372.710 RON. The Management Board has also approved the cancellation of the unsubscribed 260.449 shares, worth 651.122,5 RON. Following the share capital increase, the majority shareholder is Metaleuroest with 84,50% in the company, followed by SIF Oltenia with 15,26%.
Elsid manufactures non-metallic mineral products. The company is listed on the first tier of Rasdaq as of December 24th 1996 under the symbol ELSY. The latest transaction with ELSY shares was performed on April 19th 2005, when 200 shares were transferred 0,7 RON/share