Transgaz has launched a secondary offering for 15% of its shares on April 4, which closed on April 16. The sale was priced at 179 lei (EUR40.88) a share, valuing the whole stake at RON315 million (EUR72 million). The new Transgaz shares will be listed in Bucharest starting with April 26.
Transgaz closed at RON190 a share today on the main market of the Bucharest stock exchange.
The local bourse’s BET index ended down 0.59% from Tuesday’s closing level, and general index BET-C fell 0.46%.
BET-FI, which tracks Fondul Proprietatea (FP.RO) and the five regional investment funds (SIFs), ended 0.65% lower, dragged down by all issuers except Proprietatea, which rose 0.76%, to RON0.6655 a share.
Bucharest benchmark index BET-BK closed down 0.65%, and extended blue-chip index BET-XT lost 0.66%.
Energy stocks tracker BET-NG ended 1.86% lower.
The bourse’s overall traded value amounted to only RON20 million (EUR4.5 million). Some RON14.8 million came from share trades and about RON5 million from transactions with structural products.
Fondul Proprietatea was top traded issuer on the main market with share transactions of RON5.4 million. (EUR1=RON4.3668)