The tender offer targets 2.9 million Romcab shares or almost 31% in the company, with a par value of RON2.5 each and a purchasing price of RON3.9572, about 77% higher than the market price.

Judging from this price, the stake should amount to RON11.5 million, ZF has calculated.

The tender offer will be conducted in November 17 – December 2, 2021, and the broker is Goldring.

(English version by Loredana Fratila-Cristescu)