“Increasing the attractiveness of IMPACT shares is a constant concern of the company’s management, with special emphasis on investors communication and sustainability. In line with these, we are happy to announce the partnership with WOOD & Co. for the benefit of all shareholders. We decided to support the stock liquidity at BVB through market-making services provided by one of the most prestigious investment banks present in the regional capital market”, said Constantin Sebesanu, CEO of IMPACT Developer & Contractor.
The IMP share is the 3rd share of an issuer on the stock exchange for which Wood & Company team provides Issuer’s Market Maker services. The total number of financial instruments listed on the stock exchange’s Main Market that benefit from the Issuer’s Market Maker services reaches 18. The specific parameters that apply to Wood & Company’s Issuer’s Market Maker activity for IMP shares are available HERE.
“Wood & Co. is delighted to become Issuer Market Maker for IMPACT Developer & Contractor. We hope that our joint project will make IMPACT shares more appealing to all market participants and we will soon see increased traded volumes on Bucharest Stock Exchange”, stated Josef Kohout, Head of Trading Praga, Wood & Company Financial Services.
“At the end of this year we have more than 20 partnerships for the Issuer’s Market Maker services at the Bucharest Stock Exchange, a performance that demonstrates the growing issuers’ trust in these services and their efficiency on the capital market. IMPACT Developer & Contractor is a company with a tradition of over 30 years, being one of the first companies listed on the stock exchange. This new partnership gives us the confidence that the issuers see in the stock exchange a partner through which they can further develop their company, regardless of its progress stage, even after more than 25 years since its listing, as is the IMP shares case. We congratulate them and wish them success”, said Adrian Tanase, CEO of the Bucharest Stock Exchange.
The company’s capitalization was RON858.7 million on December 21, 2022.