Per ZF calculations, the stake sold by Octavian Radu equals 0.17% of the share capital of Evergent Investments.
On May 17, 18, 19, Octavian Radu sold 1.28 million EVER shares, at the average price of RON1.3629 per unit, within transactions worth RON1.75 million. On May 20, Radu sold 365,000 shares at an average price of RON1.35 per unit, within transactions worth RON492,750.
Octavian Radu previously sold shares in Evergent Investments in the amount of RON434,340, in mid-2020.
In March 2021, Octavian Claudiu was authorized by the Financial Supervisory Authority (ASF) as a member of the Executive Board of Evergent Investments, in accordance with Decision no.2 of the Ordinary General Meeting of Shareholders of January 28, 2021.
Octavian Radu owns several businesses, among which, bookstore chain Diverta, logistics company TCE, car parts manufacturer Flaro and postal company Pink Post. Radu also owns a hotel in Sinaia mountain resort, which he had acquired a year ago, and a blueberry farm.
Evergent Investments (EVER.RO) ended the first quarter of 2021 with a net result of RON31.5 million, which consists of the net profit of RON19.3 million and the net gain from the sale of assets reflected in the retained earnings, in the amount of RON12.2 million.
Evergent Investments has a market capitalization of RON1.3 billion. Its shares have been trading up 7.6% since the beginning of 2021, amid deals worth RON122.5 million, per stock market data.
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