BT Invest1 wants to sell 13 million of SIF Moldova’s shares, brokerage house BT Securities said.

At the latest market price, the stock is valued at 15.66 million lei (EUR3.53 million).

Thursday, SIF Moldova closed down 0.41% at RON1.205 a share in Bucharest.

The transaction will be deemed successful only if all shares are sold, the brokerage firm said.

BT Invest1 is managed by BT Asset Management SAI.