The managers called a shareholder meeting on November 28, at the request of SIF Muntenia (SIF4.RO), which holds an 11.69% stake in the company. The goal of the meeting was to discuss the replacement of the managing board.
Another item on the agenda was the information of shareholders on the board’s decision to dismiss Chis.
SSIF Broker is the only broker listed on the Bucharest Stock Exchange. SIF Muntenia is its largest shareholder, while Ioan Cartis holds 8.25% and Intervalco Baia Mare holds 5.21%.
In September, the broker ranked eight among Bucharest bourse brokers, with a turnover of 641.9 million lei (EUR148.48 million), and a market share of 3.38%.
SSIF Broker shares were temporarily suspended from trading Monday, while investors were informed of the board’s decision. The company’s shares were last traded at RON0.1361, up 3.26% on the day. (EUR1=RON4.323)