The management of One United Properties decided to confirm the nominal value of the shares, according to the decision of the shareholders – Financial Information

The management of One United Properties decided to confirm the nominal value of the shares, according to the decision of the shareholders in October, according to report sent to the Bucharest Stock Exchange.

Therefore, the company announced the “Decision of the Board of Directors which, among other things, was undertaken to implement the work to consolidate the nominal value of the shares, approved by resolution Special General Meeting of Shareholders dated. 10.10.2024″.

Therefore, after implementing the work to consolidate the nominal value of the shares, respectively including reserves in the amount of 7.2 RON, to accumulate to the higher natural number of the number of resulting shares, the share capital of the Company having a nominal value of 1,105 .831,020 RON, will be divided into 110,583,102 registered shares, dematerialized, with an individual nominal value of 10 RON.

It is important to clarify that this consolidation will not affect the value of shareholders’ holdings, with the exception of minor changes due to the accumulation of fractional shares, without any dilutive effect, said ONE.

The company will inform the market about the registration status of the mentioned activities with the relevant authorities.

This week, ONE stock had three rally sessions, after two more sharp declinesthe value that ends today at 0.479 lei / unit (down 36.2% compared to the beginning of the year).

One United Properties reported a consolidated turnover of 699.4 million lei (down 17%) and a gross profit of 264.5 million lei in the first six months of 2024, while net profit reached 228.6 million lei. The net profit recorded a 20% decrease compared to the same period in 2023, according to the report sent to the Bucharest Stock Exchange.