Changing the ticker is part of the company’s shareholder-supported rebranding process.
“SIF Moldova becomes the first financial investment company that chooses to start on another commercial path. I believe that this new proposal is naturally based on your ongoing efforts to make the portfolio increasingly liquid and attractive to investors. The SIF road was not an easy one, SIF Moldova being established under Law 133 in 1996. It was admitted to trading in 1999,” said Gabriel Gradinescu, vice-president of the Financial Supervisory Authority.
“Evergent Investments asset management is a long-term mission of our shareholders and we have the resources to create even more economic and social value. We have a strong financial position and a very good corporate governance with refined investment and risk processes. We are prepared, experienced and responsible, we have an organizational culture based on people with solid values for long-term performance,” said Evergent CEO Claudiu Doros.
At the end of the most recent trading session, the issuer had a capitalization of RON1.4 billion.
In the last 10 years, the company has generated for shareholders an average growth rate of the investment value of 13.2% annually, composed of dividends received and asset growth.
Evergent Investments is an Alternative Investment Fund Administrator and operated as SIF Moldova until March 1, 2021. The company has a portfolio of assets valued at RON2.156 billion at the end of February. Of the total value of assets under management, the portfolio of listed shares accounts for 68.4%, while unlisted shares account for 9.5%.