The candidacy files could be filed until March 13, the company said in a statement sent to the Bucharest Bourse Friday.
SIF Transilvania stockholders’ meeting could meet with a minimum quorum of 25% stake, unlike the other SIFs that require a 75% quorum.
If the proposal is passed, the Surveillance Council will be made up of 7 persons, while the Directorate of at least 3 members.
SIF Transilvania posted a record net profit of RON212.4 million in 2012, up 2.2% on the year, mainly fueled by revenue from sales of shares in lenders Erste and BRD. The figure is unchanged from a monthly report published in January.
On the other hand, the fund’s revenues fell 1.66% to RON320.4 million in 2012, from roughly RON326 million a year earlier. Overall costs declined 8.9% to RON77.5 million, the fund said in its financial report.
On the Bucharest Bourse Friday, SIF Transilvania’s shares closed at RON0.72/unit, up 0.91% on the day.