The two companies own together 31.3% in Oltchim, the chemical company said in a statement Monday.
PCC SE holds a 17.28% stake in Oltchim, while Carlson Ventures, through Cyprus-based Nachbar Services, owns 14.02% of its shares. In addition, three individuals affiliated with PCC each own 0.00145% in the company.
Oltchim’s shares fell for the third consecutive day Monday, closing down 14.95% at 1.217 lei (EUR0.2854) in Bucharest. Since January, the company’s shares rose elevenfold to an all-time high of RON2.325.
Brokers speculated Carlson Ventures would compete with PCC in the race for Oltchim’s privatization. However, PCC confirmed for Ziarul Financiar last week that it was discussing an alliance with the British fund instead.
Oltchim has a share capital of RON34.3 million (EUR8.05 million), split into 343 million shares with a face value of RON0.1. The company is 54.79% owned by the state. (EUR1=RON4.2635)