Banca Transilvania (TLV) and another five firms in the grouphave put up for sale a 4.34% stake in financial investment companySIF Banat Crişana at a price of 2.45 RON/share, around 2.3 timeshigher than the last market price, of 1.05 RON/share. The priceasked by the BT group for the stake is 58.4 million RON (13.6million euros), while on the Stock Exchange the stake is currentlyput at around 25 million RON (5.8 million euros).
"Now we are in the stage where we challenged the CNVM (NationalSecurities Commission) ordinance but have not received an answer.At the same time, the 90-day deadline for complying with theordinance has expired, that is why we took this step. The onlyprice we consider to be the correct one is net asset/share. We madethe decision to sell for the entities under our management, thereis no connection between us and the other entities the CNVM refersto," specified Radu Hanga, general manager of BT Asset Management.Market watchdog CNVM issued an ordinance in August whereby itrequired several firms presumed to be part of the BT group to cuttheir stakes in SIF Banat-Crişana to 1%, from 17.28%.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
