On June 5 2015, Management Board of Tankerska Next Generation Shipping Joint Stock Company (hereinafter the “Company”) passed the decision to increase the share capital against contributions in cash and issuance of shares (authorized capital).
With this decision, the Company's share capital increases from HRK 360 million by up to HRK 80 million up to HRK 440 million by issuance of not less than 1,300,000 and more than 1,600,000 new ordinary shares.
The Supervisory Board, at its session held on 5 June 2015, gave its consent to the Management Board for this decision in accordance with Article 325, Paragraph 1 of the Companies Act.
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