In comparison, the British investment trust reported before January 7, 2022, that it owned 8.35% in the company, which means it sold 3.35% in it.
The stake of Utilico Emerging Markets PLC in Conpet stands at some RON33.6 million, ZF has calculated from the closing price on May 23, 2022.
Utilico Emerging Markets PLC had previously sold some of its Conpet stake. In June, the investment trust bought 5% in Transport Trade Services, an investment of about RON30 million at the time.
Conpet has a RON673.6 million capitalization. It ended the first quarter with RON18.8 million net profit, 96.8% higher than in the year-ago period, as well as RON117.17 million revenue, an increase of 15%, according to its quarterly financial report.
(English version by Loredana Fratila-Cristescu)