Zimtub shares were last traded on the Bucharest bourse at RON1.895, up 11.47% on the day.
The company’s managing board called a shareholder meeting for October 18, to discuss delisting, at the request of a shareholder who controls less than 5% of stock. The company is indirectly owned by businessman Ioan Niculae.
Company shareholders include Inter Ferm Fantanele with 32.87%, Interagro Zimnicea with 24.43% and Belize-registered Flamboyant Ventures, with 24.93%.
The company reported a RON1.7 million loss in the first half of the year, compared to RON473,000 profit in the same interval of 2010. (EUR1=RON4.271)