4. Regulations on Increase of the Equity Capital

The regulations on increase of the equity capital shall be signed by the executive board.


The document must specify:

  • objectives or reasons for the increase of the equity capital;
  • the current equity capital, the categories, number and nominal value of stocks;
  • the proposed increase of the equity capital (the announced equity capital);
  • the category or categories of the new issue of stocks, the rights attached to stocks of those categories, and the number of stocks;
  • the nominal value, issue price and minimum payment to be made upon subscription for the stocks of the new issue;
  • the method of payment for the stocks of the new issue (in cash or by property contribution);
  • the categories, number and total nominal value of the stocks of the new issue to be paid for by property contribution, indicating each item of property contribution and its value;
  • the terms for subscription and payment for the stocks of the new issue, calculated so that each stock is paid up in full no later than six months from the date on which the decision to increase the equity capital was adopted;
  • the period within which the existing stockholders may exercise their pre-emptive rights to the stocks of the new issue, if such rights are granted to them;
  • the place and time at which subscription for the stocks will take place.