Bittnet shares are currently traded on the AeRO market, the alternative trading system of the Bucharest stock exchange. Bittnet shares will continue trading on AeRO until May 28.
Bittnet Systems is the first company to enter the Regulated Market from the AeRO market since AeRO was launched in February 2015.
The issuer received financial regulator clearance for regulated market admission last week.
Bittnet is 14.1% owned by Mihai Logofatu and 12.9% by Cristian Logofatu, company co-founders, while Razvan Capatina-Grosanu owns 10.3%. The company currently ahs a market value of RON158.4 million.