The listing has been approved by the Bucharest Stock Exchange’s trading commission and Transilvania Leasing has yet to get the nod from the Stock Exchange head.
Transilvania Leasing IFN Brasov is 64.32% owned by regional investment fund SIF Transilvania (SIF3.RO). SIF Muntenia (SIF4.RO) owns 24.72% of the shares and SIF Oltenia (SIF5.RO) hold a 4.03% stake in the company.
On March 18, the company’s shareholders decided to list shares on the Bucharest bourse’s CAN-ATS alternative trading system.
The CAN-ATS platform was created in 2010 and 26 companies are listed on this system.
Transilvania Leasing will pay dividends worth 1 million lei (EUR0.22 million) from the net profit registered last year, of RON1.88 million. (EUR1=RON4.534)