Trefo Galati to Increase Share Capital by 6,8 Mln RON

F.A.
Ziarul BURSA #English Section / 21 martie 2007

The Management Board of Trefo SA Galati on April 20th will propose to shareholders an increase in the company"s share capital by 6,8 million RON, according to a report to Rasdaq quoted by NewsIn. The company will increase its share capital from 2,4 million RON to 9,2 million RON through cash injection, by issuing 2,72 million shares with a face value of 2,50 RON.

Trefo manufactures screws and chains and has a share capital of 2,4 million RON, divided into 970.000 shares with a face value 2,50 RON. The company is listed on Tier I of Rasdaq, under the symbol TREF. The majority shareholder is Ukrom Intertrade SRL, holding 96,93% in the company. After the third quarter of 2006, Trefo posted 54,45 million RON in turnover and a profit of 403.433 RON.

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