The operation will be done through the special-order sale method on the market of offers and special operations managed by the Bucharest Stock Exchange. SIF Oltenia intends to sell 25.86 million shares at a minimum price of RON0.11/share and get RON2.84 million in all.
“The sales order is AON (all or nothing) and is valid from April 13, 2023,” SIF Oltenia said in its report to the Bucharest Stock Exchange.
Baile Tusnad switched to profit of RON660,800 in 2022, from RON245,200 loss in 2021, while revenue increased by 51% to RON17.3 million.
(English version by Loredana Fratila-Cristescu)