Thus, Evergent Investments halved its holding in Romgaz through the sale of 2.3 million shares, which translates into deals worth roughly RON97 million, relative to an average trading price of RON41.4 for SNG shares, calculated by Ziarul Financiar for Q3/2023. The fund also reduced its ownership stake in Romgaz to 0.6% from 1.22%, as per data from stock market reports. The share of this investment in EVER assets fell to 3.82% from 8.3%.
At end-September 2023, Evergent’s investments in Romgaz stood at RON107 million, compared to RON208 million in June.
Evergent’s investments in Petrom stand at RON366 million.
The fund also sold a total 474.000 Nuclearelectrica shares, which translates into deals worth RON21.6 million, at an average price of RON45.65 per share. Evergent further has investments of RON2.3 million in SNN, compared to RON23.2 million at the end of the previous quarter.
Data at the end of September 2023 showed that Evergent had RON7.2 million investments in Hidroelectrica.