Thus, investors traded over 45 million shares in RCHI, at a price of RON0.041 per unit, down 20% from the last quotation on the Bourse.

Considering the stake exceeds 5%, the seller and the buyer will probably be announced over the next days. The seller was allegedly businessman Dan Adamescu, who owns a 65% in the company through various investments vehicles.

Adamescu’s stake in the company is worth a total of RON27 million.

Dan Adamescu is also the major stockholder of Unirea Shopping Center (SCDM.RO), with a 74.16% stake worth RON97.1 million.

(English version by Manuela Panescu)