The defense company has recently dismissed the withdrawal request submitted by Evergent on March 13.
Evergent says its decision is because Aerostar changed its core business from “Manufacture of air and spacecraft” to “Manufacture of civil air and spacecraft”, with the military component, i.e. “Manufacture of military air and spacecraft” being removed and the change is not a simple renumbering or a numerical update of the previous NACE code.
The investment firm owns 15.1% in Aerostar, or 23 million shares valued at RON216.8 million, based on the trading price on March 27, RON9.4.
“Evergent Investments maintains its withdrawal statement and will use all legal judicial and extrajudicial means to protect its rights and those of its shareholders. At the same time, it will ensure proper communication to investors regarding the progress of its actions concerning its withdrawal from its position as a shareholder of Aerostar S.A., in accordance with the legal provisions,” Evergent said in its report to the Bucharest Stock Exchange.
(English version by Loredana Fratila-Cristescu)