Iaciu increased the purchase price to 0.22 a share (EUR0.0496) a share, from RON0.1799 previously. The initial purchase price was RON0.16 a share.

At the updated price, the 61.17% stake Iaciu wants to buy out is valued at RON26.8 million (EUR6 million).

Allocation rights issued by Nuclearelectrica were falling 1.02% to RON11.6 per unit at around 11:25 local time (GMT0825).

The BET index was down 0.38% from Friday closing level. Composite index BET-C was falling 0.39% and extended blue-chip index BET-XT was losing 0.41%.

The bourse’s overall traded value was 2 million lei (EUR0.45 million) at about 11:25.

BET-FI, which tracks Fondul Proprietatea (FP.RO) and the five regional investment funds (SIFs), was 0.61% lower, dragged down by most issuers. Proprietatea was trading down 0.78%.

Bucharest benchmark index BET-BK was falling 0.42% and energy stocks tracker BET-NG was trading down 0.62%, with OMV Petrom (SNP.RO), Transgaz (TGN.RO) and Transelectrica (TEL.RO) losing 0.98%, 0.27% and 1.09%, respectively. (EUR1=RON4.4306)