AROBS’ shares will be transferred from the AeRO market, where they started trading in December 2021, to the Regulated Market.
Following the financial regulator’s approval, the company will undergo all the necessary procedures set by the Bucharest Stock Exchange and the first day of trading on the Regulated Market is September 25, 2023. The company will subsequently consider alternative funding variants, such as bond issues and share capital increases.
AROBS Transilvania Software, with a market capitalization of RON904.4 million, is 66.2%-owned by Voicu Oprean, the founder, CEO and Chairman of the Board of Directors. AROBS shares have gained 27.9% so far in 2023, amid deals worth RON42.4 million, as per stock market data.