Badea subscribed 1,606 shares at a price of RON100.88 each, which means he did it in the first five days of the IPO when retail investors were offered a discount.
Hidroelectrica also announced that a member of its Supervisory Board, Karoly Borbely, bought 713 shares at a price of RON100.88 during the IPO, an about RON72,000 investment.
The company started trading on the Bucharest Stock Exchange on July 12.
(English version by Loredana Fratila-Cristescu)