„ATM Ventures acquired the 275,000 shares primarily through the purchase of stakes from founding shareholders Dan Niculae, Chairman of the Board of Directors and Gabriel Login, Chief Executive Officer and Administrator,” reads the company’s report.
Special trades with TBK shares were carried out at a RON18 price on May 15, meaning that on the basis of the 275,000 stake Autonom deal amounted to RON5 million.
„For Transilvania Broker, this moment marks the beginning of a strategic partnership that will open new opportunities and benefits not only for the two partners, but for all stakeholders in relation to the company”.
Autonom is also an investor in an insurer listed on the BVB, namely Millenium Insurance Broker.
Transilvania Broker has a RON105 million capitalization and in 2023 its shares have added 18%.
In the first 3 months of 2023, the volume of insurance premiums distributed by Transilvania Broker neared RON233 million, 7.3% more than in 1Q/2022, generating RON33.5 million revenues and a net positive result of RON4.3 million.
(English version by Catalina Apostoiu)