Glass Container Prim raises capital

Moldovan glass bottles producer Glass Container Prim raised its share capital to MDL 92.26 million (USD 8.9 million/EUR 7.1 million) by means of a MDL 4.65 million share issue, the country“s Securiti…

Moldovan glass bottles producer Glass Container Prim raised its share capital to MDL 92.26 million (USD 8.9 million/EUR 7.1 million) by means of a MDL 4.65 million share issue, the country“s Securities Commission, CNPF, announced 20 November 2008. A statement from CNPF reported that the company issued 4,650 new shares with an issue price equal to their par value of MDL 1,000 each, also stating that the subscribers in the issue were current shareholders of the company. After this share raise, the company“s capital will be divided into 92,256 shares with a par value of MDL 1,000 each. The names of Glass Container Prim“s shareholders were not revealed. The company is based in Chisinau, and has an installed capacity of 130 million bottles per annum.