At the same time, the company Vertical Seven Group came to hold 10.75% of HAI shares, from 9.2% previously, which means it increased its holding by 1.55%, as per calculations by Ziarul Financiar (ZF) daily.
Vertical Seven Group is equally held (50%) by Iulian Cîrciumaru and Andrei-Dan Cretu, while SevenX Ventures is 45.5% owned by Leonard Leca, 45.5% by Vertical Seven Group and 9% by Robert Visoiu, as per data on Confidas.ro.
Holde Agri Invest had revenues of RON38.2 million in the first half of 2022, up 157% on the year, following investments of RON19.8 million in upgrading existing farms and expanding the surface areas operated. The company reported a net loss of RON9.2 million in January-June 2022, down 13% on the year, in line with the company’s half-year financial report.
Holde Agri Invest has a market value of RON145.6 million after its shares have lost 3.2% since the beginning of 2022 amid deals worth RON25 million, stock market data shows.