Cemacon will most likely be delisted once the transaction closes.
The price Paval Holding is offering for the 46 million shares is RON0.48 per unit or RON22 million in all. The broker of the offer is Estinvest. The Paval brothers already own 95% of Cemacon through Paval Holding and PIF Industrial.
Cemacon has a capitalization of RON453 million and its shares have gained 5.5% in the past twelve months on transactions of RON4 million.
It posted RON221 million revenue and RON70 million net profit in 2022.
(English version by Loredana Fratila-Cristescu)