At current prices, the stake is equivalent with a RON220 million deal.

„The withdrawal statement was made pursuant to Article 134, paragraph (1), letter a) of Law No. 31/1990 regarding companies, following the approval and publication of the Extraordinary General Meeting of Shareholders’ Resolution No. 23 of December 12, 2024, which decided to change the main activity of Aerostar SA. The company is listed on the Bucharest Stock Exchange in the Main Segment, Standard category”.

By submitting the statement, the withdrawal procedure was initiated, and Aerostar was requested to: purchase all the ARS shares held by EVERGENT Investments; pay for the shares within a maximum of 4 months from the date of the statement submission.

„The share price will be determined by an independent authorized expert, a member of ANEVAR and registered with the FSA, based on the average value resulting from the application of at least two evaluation methods recognized by international valuation standards”.

Aerostar has a RON1.5 billion capitalization. The company ended 2024 with RON95.7 million net profit, up 2.9% from 2023, amid RON584 million turnover, 15.35% higher.

Evergent has a RON1.3 billion capitalization. The fund for 2024 reported RON263 million net result, up 29% from the previous year and above the budgeted level.

(English version by Catalina Apostoiu)