Announcements

Bucharest Stock Exchange (BVB) informs that two new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Monday, December 10, 2018.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) informs that on December 7, 2018, the quarterly meeting of the BVB Index Committee ("CI") took place. BVB Index Committee decided the following:

1. To maintain the composition of BET, BET-TR, BET-XT, BET-XT-TR, BET-BK, BET-NG, BET-FI and BET Plus indices, as follows.
2. The watchlist shall remain unchanged. At the level of BET and BET-TR, the watchlist comprises ALRO S.A. (ALR), following the decision CI reached on September 3, 2018.

The weights of the indices’ components, i.e. the free-float factors (Ffi), the representation factors (Ri) and the price correction factors (Ci), will be determined based on the number of shares and closing prices registered at the end of the trading session of December 14, 2018.

The new structures of BVB indices will be announced at the end of December 14, 2018, and will become effective as of December 24, 2018.

Bucharest Stock Exchange (BVB) informs that on Thursday, December 6, 2018, eleven certificates of Erste Group Bank AG (EBS) will start trading.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) informs that the corporate bonds of Bittnet (BNET), symbol BNET23, will start trading on the Alternative Trading System of BVB from November 28, 2018. The issue comprises 47,000 bonds, non-guaranteed, RON denominated, with a nominal value of RON 100, a maturity of 5 years, and a total value of RON 4.7 million. The yearly interest rate is fixed at 9 percent, payable quarterly. The admission to trading was made by Goldring as authorized consultant.

Bittnet is a Romanian IT entrepreneurial company, founded in 2007. The company offers IT courses, IT solution implementation services (network infrastructure, routing, switching, servers, datacenter, virtualization, security, telepresence or wireless), technical support services, while being focused on new technologies and innovation. In April 2015, Bittnet became the first IT Romanian company which was listed on BVB.

Bucharest Stock Exchange (BVB) informs that three new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Friday, November 23, 2018.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) informs that two new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Wednesday, November 7^th , 2018.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) informs that the corporate bonds of International Investment Bank (IIB) start trading on the main market of BVB from October 22, 2018. The new bonds issue of IIB on BVB is structured in two tranches, one in RON, the other in EUR, with the following characteristics:

IIB bonds in RON (symbol IIB21)

IIB bonds in EUR (symbol IIB21E)

International Investment Bank (IIB) is a multilateral development institution founded in 1970 based on the intergovernmental Agreement Establishing the IIB and its Charter. The current nine members of the Bank are Bulgaria, Cuba, Czech Republic, Hungary, Mongolia, Romania, Russia, Slovakia and Vietnam.

Bucharest Stock Exchange (BVB) informs that on Monday, October 22, 2018, eight certificates of Erste Group Bank AG (EBS) will start trading.

The characteristics of these products are presented in the table below:

Bittnet (BNET), the first IT company listed on the AeRO market of Bucharest Stock Exchange (BVB), issues new pre-emptive rights for existing shareholders by May 15, 2018. A number of 30,444,258 rights will be available for trading during 17-30 October on the AeRO market of BVB.

The number of newly issued shares is 3,044,426, with a nominal value of RON 0.1 / share and a premium of RON 0.85 / share. The issue price for the shares related to this increase is RON 0.95 per share. The total amount for the capital increase is RON 2,892,204.7, if all the shares are subscribed in the first stage. The qualified investors and/or a number of maximum of 150 retail investors will be able to buy any unsubscribed shares as part of the second stage of the offer. The Romanian IT services provider plans to use the money to increase the working capital and to expand the company’s activities.

The offer is intermediated by SSIF Goldring S.A.

Bucharest Stock Exchange (BVB) announces that, starting from the 11^th of October 2018, the price correction factor c_i,T for CEMACON S.A. (CEON), related to the share capital increase, which will be considered in calculating BET Plus index is 1.038094.

The value of c_i,T for CEON was determined according to the 4.2.3 article of BVB index management rules.

According to Art.1 alin. (1) pct. 62 lit. b) pct.2 of the Preliminary Title, Book I of the BVB Rulebook, the reference price of CEON shares for the trading session of October 11^th, 2018 is 0.3030.

According to Art. 43¹ (1), Title III, Book I of the BVB Rulebook, the maximum price variation to reference price, as per Art.1 alin. (1) pct. 62 lit. b) pct.2 of the Preliminary Title, will be applied for CEON shares in the trading session of October 11^th, 2018.

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) informs that the details regarding the offering of bonds issued by International Investment Bank are available at the link below:

www.bvb.ro/Offers/IIB21/ToProspectIIB21

Bucharest Stock Exchange (BVB) announces that, starting with 4^th of October 2018, the price correction factor c_i,T for 2017 dividends for SIF TRANSILVANIA S.A. (SIF3) that will be considered in calculating the BET-XT-TR index is 1.050000.

The value of c_i,T for SIF3 was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1   : closing price of symbol i at time T-1;   

D_i,T    : gross dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) announces that, starting with 2nd of October 2018, the price correction factor c_i,T for 2017 dividends for SIF OLTENIA (SIF5) that will be considered in calculating the BET-XT-TR index is 1.033816.

The value of c_i,T for SIF5 was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1   : closing price of symbol i at time T-1;   

D_i,T    : gross dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) announces that, starting with 18^th of September 2018, the price correction factor c_i,T for 2017 dividends for SIF MUNTENIA S.A. (SIF4) that will be considered in calculating the BET-XT-TR index is 1.049907.

The value of c_i,T for SIF4 was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1   : closing price of symbol i at time T-1;   

D_i,T    : gross dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) announces that, in accordance with the Index Committee decisions, the new structures of the BVB indices (symbols’ weights in indices) will become effective as of September 24, 2018.

The new BVB index structures, respectively the free float factors (Ffi), the representation factors (Ri) and the price correction factors (Ci) were determined based on the number of shares and the closing prices on September 14, 2018.

The new BVB index structures are detailed in the appendix to this announcement.

Bucharest Stock Exchange (BVB) announces that, starting from 11^th of July 2018, the price correction factor c_i,T for 2017 dividends for SIF MOLDOVA S.A. (SIF2) that will be considered in calculating the BET-XT-TR index is 1.039370.

The value of c_i,T for SIF2 was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1   : closing price of symbol i at time T-1;   

D_i,T    : gross dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) informs that five new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Friday, September 7, 2018.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) informs that on September 3, 2018, the quarterly meeting of the BVB Index Committee ("CI") took place. BVB Index Committee decided the following:

1. To change the composition of BET, BET-TR, BET-XT, BET-XT-TR, BET-BK, BET-NG and BET Plus indices, as follows:
   1. BET and BET-TR indices
      • inclusion: SPHERA FRANCHISE GROUP S.A. (SFG); PURCARI WINERIES PUBLIC COMPANY LIMITED (WINE);
   2. BET-XT and BET-XT-TR indices;
      • inclusion: PURCARI WINERIES PUBLIC COMPANY LIMITED (WINE); ALUMIL ROM INDUSTRY S.A. (ALU);
      • excludere: IAR SA Brasov (IARV), OIL TERMINAL S.A. (OIL);
   3. BET-BK index
      • inclusion: PURCARI WINERIES PUBLIC COMPANY LIMITED (WINE), BIOFARM S.A. (BIO);
      • exclusion: AEROSTAR S.A. (ARS), ANTIBIOTICE S.A. (ATB);
   4. BET-NG index
      • exclusion: PETROLEXPORTIMPORT S.A. (PEI);
   5. BET Plus index
      • inclusion: TURISM FELIX S.A. (TUFE), ALTUR S.A. (ALT), TURISM, HOTELURI, RESTAURANTE MAREA NEAGRA S.A. (EFO);
      • exclusion: ROMPETROL RAFINARE S.A. (RRC), PREBET SA AIUD (PREB).
2. To maintain unchanged the composition of BET-FI index.

3. To update the Watchlist of BET and BET-TR indices by including ALRO S.A. (ALR) and excluding SPHERA FRANCHISE GROUP S.A. (SFG).  

The weights of the indices’ components, i.e. the free-float factors (FF), the representation factors (FR) and the price correction factors (FCi), will be determined based on the number of shares and closing prices registered at the end of the trading session of September 14, 2018.

The new structures of BVB indices will be announced at the end of September 14, 2018, and will become effective as of September 24, 2018.

Bucharest Stock Exchange (BVB) informs that the corporate bonds of Investia Finance S.A., symbol INV23, will start trading on the Alternative Trading System of BVB from September 3, 2018.

The issue comprises 22,540 bonds, non-guaranteed, RON denominated, with a nominal value of RON 100 and a total value of RON 2.254 million. The yearly interest rate is 7 percent, and the maturity date is March, 2023.

Investia Finance was founded in 2006 and it became a corporation in 2016. The company’s main activity is related to auxiliary activities to financial intermediation. For the first six months of the year 2018, the firm posted a turnover of over RON 3 million and a net profit in excess of RON 430,000. The company’s main shareholder is AVIGO INVEST S.A., which retains a take of 81.88% in Investia Finance.

Bucharest Stock Exchange (BVB) informs that a new certificate of SSIF BRK Financial Group SA (BRK) will start trading on Thursday, August 9, 2018.

The characteristics of this product are presented in the table below:

Bucharest Stock Exchange (BVB) informs that two new certificates of SSIF BRK Financial Group SA (BRK) will start trading on Tuesday, August 7, 2018. 

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) announces that, starting with 2^nd of August 2018,

• the price correction factor c_i,T for Banca Transilvania S.A. (TLV), related to the bonus share issue, which will be considered in calculating BET, BET-TR, BET-BK, BET-XT, BET-XT-TR and BET Plus indices is 1.108499.

• the price correction factor c_i,T for CEMACON S.A. (CEON), related to the bonus share issue, which will be considered in calculating BET Plus index is 4.198000.

The value of c_i,T for TLV and CEON was determined according to the 4.2.2 article of BVB index management rules:

“4.2.2. Bonus share issue

If an index constituent carries out a bonus share issue, the price correction factor c_i,T is determined as follows:

number of shares of stock i at time T

number of shares of stock i at time T-1”

According to Art.1 alin. (1) pct. 62 lit. b) pct.2 of the Preliminary Title, Book I of the BVB Rulebook,

• the reference price of TLV shares for the trading session of August 2^nd, 2018 is 2.255;

• the reference price of CEON shares for the trading session of August 2^nd, 2018 is 0.219.

According to Art. 43¹ (1), Title III, Book I of the BVB Rulebook, the maximum price variation to reference price, as per Art.1 alin. (1) pct. 62 lit. b) pct.2 of the Preliminary Title, will be applied for TLV and CEON shares in the trading session of August 2^nd, 2018.

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) informs that on Monday, July 16, 2018, 12 certificates of Erste Group Bank AG (EBS) will start trading.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) hereby publishes the list of shares of the companies listed on BVB’s AeRO market that will be traded on the continuous model starting from July 11, 2018, as follows:

Bucharest Stock Exchange (BVB) hereby publishes the list of the companies listed on BVB’s AeRO market that will be traded based on the auction model starting from July 11, 2018, as follows:

Bucharest Stock Exchange (BVB) informs that on Friday, July 6, 2018, five new certificates of SSIF BRK Financial Group SA (BRK) will start trading.

The characteristics of these products are presented in the table below:

Bucharest Stock Exchange (BVB) informs Banca Transilvania issued its first bonds issue, which was admitted to trading on the Spot Regulated Market of BVB. The bonds can be traded on BVB starting from July 6^th.

The characteristics of this bonds issue are presented in the table below:

Banca Transilvania ranks second amongst Romanian banks, in terms of assets. The bank’s history began in Cluj-Napoca in 1994. The company originally focused its activity on the SME sector and, due to market demand, after a short while it also turned its attention to retail. In 1997, Banca Transilvania became the first banking institution in Romania to be listed on Bucharest Stock Exchange. The bank’s strategy is supported by strong shareholders, such as: the European Bank for Reconstruction and Development and IFC – the investment arm of the World Bank.

Bucharest Stock Exchange (BVB) announces that, starting with 5^th of July 2018, the price correction factor c_i,T for 2017 dividends for S.N.G.N. ROMGAZ S.A. (SNG) that will be considered in calculating the BET-TR and BET-XT-TR indices is 1.156869.

The value of c_i,T for SNG was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1   : closing price of symbol i at time T-1;   

D_i,T    : gross dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) announces that, starting with 25^th of June 2018, the price correction factor c_i,T for 2017 dividends for S.N.T.G.N. TRANSGAZ S.A. (TGN) that will be considered in calculating the BET-TR and BET-XT-TR indices is 1.132838.

The value of c_i,T for TGN was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1   : closing price of symbol i at time T-1;   

D_i,T    : gross dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.

Bucharest Stock Exchange (BVB) hereby announces that all the shares of the companies listed on the spot market of BVB will be traded based on the continuous trading model, starting from June 27, 2018.  

Shares of Alro S.A. (ALR ticker), the largest aluminium producer in terms of capacity in Continental Europe (excluding Russia and the Scandinavian Peninsula), will be promoted, starting from June 21, 2018, from the Standard Category to the Premium Category of the Spot Regulated Market of Bucharest Stock Exchange (BVB).

Alro shares first started trading on BVB on October 16, 1997. Overall, during the past 20 years of being a public company, Alro reported a turnover of USD 10 billion, a net profit of USD 780 million and total investments in excess of USD 680 million, out of which USD 570 million from 2002, the year the company became privately-owned, according to the company data. Alro planned in its long-term strategy to invest over USD 190 million from 2017 to 2021, out of which USD 100 million will be allotted to increase green efficiency.

Alro is subsidiary of Vimetco N.V., a global, vertically-integrated primary and processed aluminium producer. The main markets for Alro products is represented by the European Union, while company products are exported to USA and Asia as well. Alro Group saw sales of RON 2.7 billion or some USD 679 million in 2017, while its EBITDA amounted to RON 566 million or some USD 140 million last year.

Bucharest Stock Exchange (BVB) announces that, starting with 14^th of June 2018, the price correction factor c_i,T for IAR SA Brasov (IARV) which will be considered in calculating the BET-XT-TR index is 1.025877.

The value of c_i,T for IARV was determined according to the 4.2.4 article of BVB index management rules:

“4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor c_i,T is determined as follows:

where

P_i,T-1 : closing price of symbol i at time T-1;

D_i,T : dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.