Based on the total number of Hidroelectrica shares, 449.8 million, the investor, probably a major Pillar II private pension fund, now owns 2.73% in Romania’s energy sector crown jewel.
How much future retirees actually own in Hidroelectrica will become known in the July reports for each Pillar II private pension fund. These reports will be published in late August.
Other 11 subscription orders ranged from RON316 million and RON796 million. The lowest order of the institutional investor tranche was for merely 40 Hidroelectrica shares or RON4,160.
The Bucharest Stock Exchange processed 109 subscription orders from institutional investors and 52,000 from retail investors on Thursday, July 6.
(English version by Loredana Fratila-Cristescu)