According to the company’s data, Electroarges and Galgros Galati, both companies controlled by local entrepreneur Catalin Chelu, own jointly an over 50% stake in Amplo.
Electroarges owned a 35.52% stake in Amplo on February 18, and it has lately bought a 12.71% stake, thus, it currently holds 48.23% in Amplo, according to the latest data.
Under capital market laws, investors owning over 33% of a company listed on the stock exchange have to launch a bid to acquire the remaining shares.
On the Bucharest stock market Thursday, Amplo closed up 3.7%, at RON2.8 a share. (EUR1=RON4.4995)