The ownership stake represents 0.04% of Cemacon’s share capital. Prior to the transaction, Paval brothers held 94.96% of Cemacon shares through Paval Holding (78.2%) and through PIF Industrial (16.76%), as per the latest stock market data, at end-Sept 2022. Thus, the Paval brothers exceeded the 95% ownership threshold in Cemacon.
Data on the online platform www.confidas.ro shows that PIF Industrial is equally held by Adrian and Dragos Paval, while Paval Holding is 40% owned by Adrian Paval and 60% by Dragos Paval.
CEON shares have decreased by 4% over the last 12 months, amid deals worth RON4.45 million, ensuring the company a market capitalization of RON454 million.