Two Months Left To Subscribe To "Somes" Dej Shares

Diana Dorobantu
Ziarul BURSA #English Section / 10 ianuarie 2007

The "Somes" company, with its headquarters in Dej, intends to extend by two months the period for exercising the preemptive right of subscription for new shares. The Extraordinary General Meeting of the shareholders held on September 28 2006 approved an increase of the company"s registered capital by 3.591.254 lei, corresponding to 1.710.121 new shares issued at a nominal price of 2.1 lei.

The proposal of the company"s Administrative Council regarding the extention of the above-mentioned period will be voted on in the EGM that will be held on February 9. February 28 was suggested as the registering date in order to identify the shareholders affected by this EGM decision.

Before the increase, the company"s registered capital amounts to 23.4 million lei, divided into 11.172.00o securities with a nominal value of 2.1 lei. The main shareholders are SC "A4 Impex SRL and SC A1 Impex SRL, owning together 60.05% of the "Somes" shares, and "MFC Commodities GMBH", contributing 13.96% to the capital of the issuer. The company operates in the sector of paper and forestry products.

The securities issued by "Somes" Dej are traded in the Unlisted category of the Bucharest Stock Exchange under the symbol SMS since May 1997. In the last year, the exchange quotation oscilated between the minimum of 1 leu/share and 3.9 lei/share. The last transaction with these securities was made on January 3 at 2.23 lei/share.

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