CNVM approves increase in Sibex share capital

The National Securities Commission (CNVM) approved the increase in the capital of the SIBEX Monetary, Financial and Commodity Exchange of Sibiu to 22.602 million lei (nearly 5.3 million euros), informs a release of the institution.

CNVM submitted to Sibex the decision authorizing the modification of the operating permit following the rise in the share capital from 21.526 million lei to 22.602 million lei. Consequently, there has been decided the increase in the share capital of the Monetary, Financial and Commodity Exchange of Sibiu by incorporating the reserves derived from the 2009 profit, other than the legal reserves, and the issue of 1,076,320 new shares with a nominal value of 1 leu/share, which have been granted to the current shareholders free of charge.

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